Qatar and Spain Launch €300 Million Fund for SMEs and Green Initiatives

May 20, 2026

54 min

May 20, 2026 19:30

Qatar, Spain launch €300 million joint investment fund to back Spanish SMEs, green transition

## New Investment Fund Announced

Qatar Investment Authority (QIA) and Spain's COFIDES have partnered to create a €300 million investment fund. This initiative, called the Ispania Growth Fund, is designed to support Spanish small and medium-sized enterprises (SMEs) focusing on green transition, digital innovation, and technological advancement.

## Management and Objectives

The fund will be managed by Portobello Capital, a Spanish private equity firm. It aims to identify scalable investment opportunities that align with Spain's economic transformation goals. COFIDES will contribute through its FOCO fund, which seeks to attract international capital to strategic sectors crucial for Spain's economic competitiveness.

## Strategic Importance

QIA's Chief Executive, Mohammed Saif Al Sowaidi, emphasized the fund's role in fostering innovation and technology-driven sectors in Spain. COFIDES Chairwoman, Angela Perez, highlighted the initiative as a testament to the successful collaboration between QIA and COFIDES, enhancing Spain's appeal to international investors.

## Economic Impact

The investments from the Ispania Growth Fund are expected to bolster job creation, regional development, and the resilience of Spain's SME sector, aligning with the country's national economic priorities.

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