Tuesday, 02 January 2024 12:17 GMT

Azerbaijan's Sovereign Wealth Fund Invests In Italian Solar Power Portfolio


(MENAFN- AzerNews)

Azerbaijan's State Oil Fund (SOFAZ) is set to expand its footprint in the European renewable energy sector by acquiring a minority stake in solar assets operated by U.S.-based Enfinity Global Inc. in Italy, Azernews reports. SOFAZ will acquire a 49% stake in a 402-megawatt portfolio owned by Enfinity. The portfolio includes...

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