Overview
- The strategy codifies a four‑pillar portfolio with a foundational stake holding at least 30% of CaixaBank, a set of relevant participations, an alternatives sleeve, and a liquidity bucket.
- Financial guardrails cap net debt at 10% of gross asset value, with alternative assets and liquidity each limited to a maximum 10%.
- Relevant holdings include Naturgy, Telefónica, ACS, Veolia, Imbursa, BEA, Colonial, Interparking and Aigües de Barcelona, where Criteria aims to act as a reference shareholder.
- The company emphasizes recurring, sustainable returns and long‑term value creation across its investees.
- As of June 30, 2025, gross assets totaled €37.252 billion and social dividends reached €360 million, with a further €125 million approved on October 9, while the future of some stakes — notably Naturgy — remains under review.