The fund, owned by Hamburg-based Aquila Capital, wants to invest in solar, wind and hydropower assets across continental Europe and the Republic of Ireland
LONDON: * Aquila European Renewables Income Fund said it seeks to raise 300 million euros ($337 million) for clean energy investment through an initial public offering (IPO) on the London Stock Exchange, it said on Friday.
* The fund, owned by Hamburg-based Aquila Capital, wants to invest in solar, wind and hydropower assets across continental Europe and the Republic of Ireland.
* It said it plans to acquire mostly operational assets which generate income and Aquila Capital has identified opportunities across Iberia and Scandinavia which could be suitable for acquisition.
* “We are excited to float our fund in London which has established itself as the home of investment trust listings in Europe including a number of renewable funds,” said Ian Nolan, chair of the fund.
Source: reuters
