Finance

CORES is a non-profit Public Law Corporation with its own legal personality, which operates under private law. In accordance with its legal nature, it carries out its activity without share capital.

Its funding model is based on two sources of resources. On the one hand, the contributions made by the entities obliged to maintain minimum security stocks, through fees set on the basis of their sales or consumption and approved annually by the Ministry for the Ecological Transition and the Demographic Challenge.

On the other hand, CORES complements the financing of its assets by accessing the financial markets, mainly through bilateral loans with financial institutions and bond issues.