Hamburg-based real asset specialist Aquila Capital acquired renewable energy assets across Europe in 2020 amounting to over 3.0 gigawatt.
In total, Aquila Capital signed 12 transactions across the three main technologies of renewable energy generation: hydropower, wind power and solar PV.
Roman Rosslenbroich, CEO and co-founder of Aquila Capital, says: “Renewable energy is at the heart of our investment offering. We are proud of reaching the important milestone of a renewables portfolio of 10.7 gigawatt. As a real asset investor, we are continuously looking for attractive investment opportunities for our clients. The ongoing energy transition and the European Green Deal will in the next decade open even more opportunities to closer align purpose and profit.”
The majority of the recent renewable energy investments represents solar PV projects that are still under development. With booming demand for renewable energy, solar PV provides a stable and predictable cash flow with relatively low volatility, and with an increasingly attractive risk-return profile.
Susanne Wermter, Group Head Energy & Infrastructure EMEA of Aquila Capital, says: “With demand for renewable power generation continually rising, the renewable energy markets offer increasingly attractive opportunities for investors. I’m excited that we have strengthened our leading position and look forward to further building out our diverse renewables portfolio in Europe in 2021.”
Aquila Capital continues to significantly expand its presence in Europe. The geographical focus of its investments in 2020 was on Spain and Portugal, followed by Italy and Norway.
