SOURCE - Decarbonisation projects
Sourcing projects that decarbonize SOCAR's operational footprint.
Mobilizing Capital
and Capacity for a
Sustainable Ecosystem.
SOCAR Balkans is the SOCAR Group's dedicated sustainable finance and investment platform in the European Union, headquartered in Luxembourg.
Get In TouchABOUT US
Who We Are
SOCAR Balkans S.à r.l. is a Luxembourg-domiciled investment company of the SOCAR Group, the State Oil Company of the Republic of Azerbaijan. From the heart of Europe's leading financial centre, we serve as the Group's hub for sustainable finance in the European Union — mobilizing investment into the untapped sustainability potential of SOCAR's assets.
Our work is anchored in the United Nations Sustainable Development Goals, with SDG 17 — Partnerships for the Goals — at the core of how we operate.
EXECUTE - Technical assistance
Providing technical assistance for best-in-class project execution.
REPORT - Transparent disclosure
Acting as the Group's front-end for transparent reporting under the CSRD.
SHARE - Knowledge across assets
Distributing knowledge and best practice across Group assets.
WHAT WE DO
Four capabilities,
one mandate
Turning sustainability ambition into financed, delivered outcomes.
INDUSTRIES WE INVEST IN
Where capital moves the
transition furthest
Renewable
Energy
Solar, wind, clean power generation, and renewable energy infrastructure for a lower-carbon energy system.
Industrial
Decarbonization
Energy efficiency, electrification and emissions-reduction projects across industrial operations.
Diversified
Downstream Assets
Sustainability-driven value creation across the Group's downstream portfolio in Europe.
Carbon Markets &
Nature-Based Solutions
Certified carbon credit origination and ecosystem restoration.
WHY WORK WITH US
Built for institutional-grade partnership.
European Regulatory Alignment
Every investment meets EU Taxonomy, CSRD and CBAM standards.
Direct Access to Group Capital
Direct connection to institutional-grade capital from the Group's EU financing hub.
Luxembourg-Based Governance
Independent decision-making from one of Europe's leading financial centres.
End-to-End Support
Engaged from project evaluation through financing and reporting.
PORTFOLIO
Financing Projects
That Move the
Transition
Forward.
Our portfolio focuses on sustainability and transition projects capable of generating measurable environmental and long-term economic value — selected through disciplined financial and sustainability evaluation.
IP Acquisition
SOCAR's IP Acquisition project supports strategic investment opportunities that strengthen the company's portfolio and create sustainable long-term value through disciplined financial evaluation.
MEET OUR TEAM
Leadership in Luxembourg
Rasim Aliyev
Head of Board of Managers
Najla Asadova
Member of Board of Managers
Tunjar Asgarli
Managing Director
GET IN TOUCH
Let's Build Partnerships
Whether you are an investor, a project developer, a policymaker or a prospective partner, we welcome the conversation.