Instituto de Crédito Oficial
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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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
Technologies
Geographies
Deal Stage
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