Aquila Capital Holding GmbH has entered into a strategic partnership with Daiwa Energy & Infrastructure Co., Ltd. (DEI), a wholly-owned subsidiary of Daiwa Securities Group Inc.
Aquila Capital manages approximately EUR9.5 (US$10.6) billion for a broad range of institutional investors in Europe and Asia. To date, its investments include over 4.2 gigawatts of renewable energy capacity and over 1.3 million square meters of real estate in Europe.
As part of the strategic partnership, DEI will acquire a minority stake of 40% in Aquila Capital. The parties agreed to keep the purchase price confidential. Both founding partners of Aquila Capital will continue to lead Aquila Capital and hold the majority.
Moelis & Company and Berkshire Global Advisors acted as joint financial advisers to Aquila in relation to the transaction. Heuking Kühn Lüer Wojtek and Clifford Chance acted as legal advisers to Aquila Capital. Daiwa was advised by CMS Hasche Sigle acting as sole legal adviser to Daiwa Energy & Infrastructure.