Deals Counterparts

Instituto de Crédito Oficial

company 1 Deal 6 Partners

Madrid-based Instituto de Crédito Oficial (ICO) is a state-owned public financial institution established in 1971, providing financing to Spanish companies and projects, both domestically and internationally. With a loan portfolio of approximately €25.1 billion as of 2023, it supports key sectors including energy transition, digital transformation, transport, and social infrastructure.

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Founded 1971 405 employees Parent: Spanish State (Ministry of Economic Affairs and Digital Transformation)
Public Financial InstitutionLenderGovernment

Strategic Overview

  • Focuses on supporting the digital transformation and energy transition of the Spanish economy.
  • Plays a key role in financing infrastructure projects within Spain and supporting the internationalization of Spanish companies abroad.
  • Collaborates with multilateral institutions like the EIB to co-finance strategic projects.

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Investment Focus

Technologies
Solar1
Geography
Spain1

Key People

José Carlos García de Quevedo
President
Manuel Ayerdi
General Director

Track Record

53
Years Active
€B25.123M
Total Value
Notable projects: Financing for Redeia's electricity transmission network in Spain, Financing for Port Authority of Valencia's port expansion, Financing for renewable energy and energy efficiency projects in Spain

Detailed Analysis

Sectors
Energy TransitionDigital/TelecomTransportSocial InfrastructureUtilitiesPorts (1 deal)RailRoads/Toll RoadsAirports
Technologies
Solar PVOnshore WindOffshore WindGreen HydrogenBattery StorageTransmission (1 deal)Data Center
Geographies
Spain (3 deals)Western EuropeLatin AmericaAfricaAsia Pacific
Deal Stage
GreenfieldBrownfieldOperating

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