Sociedad Estatal de Participaciones Industriales
Sociedad Estatal de Participaciones Industriales (SEPI) is a Spanish state holding company that is characterized as a Sovereign wealth fund. It is controlled by the Ministry of the Treasury.
SEPI | |
Company type | State-owned public company National wealth fund |
Founded | 1995 |
Headquarters | , Spain |
Key people | Belén Gualda González (President) |
Revenue | €5.157 billion (2021) |
159 million (2021) | |
Total assets | €12.066 billion (2021) |
Owner | Government of Spain |
Number of employees | 75,397 (2021) |
Subsidiaries | See SEPI Group |
Website | sepi |
SEPI was preceded by the Instituto Nacional de Industria (INI) and the Instituto Nacional de Hidrocarburos (INH). On June 16, 1995, SEPI was created in a provisional restructure which was authorized by Decree number 5/1995. On January 10, 1996, SEPI was ratified by Act of Parliament number 5/1999. This provided for the creation of various public legal entities and the abolition of the INI and the INH.
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