Azerbaijan’s SOFAZ Invests £50 Million in London Gatwick Airport
Azerbaijan’s State Oil Fund (SOFAZ) has announced a £50 million (US$67 million) investment in London Gatwick Airport (LGW) in partnership with Global Infrastructure Partners (GIP), a U.S.-based firm now part of BlackRock. The investment marks one of SOFAZ’s largest single infrastructure deals in Europe, underscoring the sovereign wealth fund’s long-term strategy to diversify into global infrastructure and sustainable assets.