Aquila European Renewables Fund set to raise EUR25m to fund renewable energy assets acquisitions

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Aquila European Renewables Fund is set to launch up to EUR25 million (US$28 million) to fund the acquisition of renewable energy assets through a share issue. 

The Fund plans to sell ordinary shares through offerings with a price of no less than EUR1.05 (US$1.185) apiece. The proceeds from the sale will be used to fund the acquisition of the pipeline renewable energy assets that include onshore wind, solar and hydropower sectors in six European countries for a total capacity of about 875 MW. 

The final price for the planned issue will be determined during a bookbuild process. Numis Securities Limited acted as the bookrunner for the deal.

List of the country updates

Country updates

  • March 06, 2020

    Tenaga Nasional Berhad buys balance 20% interest in GVO Wind and Bluemerang Capital Ltd.

    Tenaga Nasional Berhad (TNB), through its wholly-owned subsidiary, Tenaga Wind Ventures UK Ltd (Tenaga Wind), had acquired the balance 20% interest in two United Kingdom renewable energy companies for...

    Read more
  • March 06, 2020

    Vattenfall awards O&M contract to EDS HV for 93.2 MW European Offshore Wind Deployment Centre (EOWDC) in Aberdeen Bay

    High voltage engineering specialist EDS HV Group (EDS) has been awarded a 3-year O&M contract. The scope of the contract will see EDS provide substation management services for Vattenfall’s...

    Read more
  • March 05, 2020

    DEME Offshore completes foundation structures for 950 MW Moray East Offshore Wind Farm

    DEME Offshore's work on the foundation structures for the Moray East Offshore Wind Farm has reached another key milestone, with all 37,000 tonnes of pin piles for the project now installed in the Mora...

    Read more
  • March 05, 2020

    UK launches consultation for Contracts for Difference proposed changes

    The UK Government through the Department for Business, Environment, and Industrial Strategy (BEIS) are set to launch a consultation that seeks views on a number of proposed changes to the Co...

    Read more
  • March 03, 2020

    SIMEC Atlantis achieves successful pellet production and milling trials for 220 MW Uskmouth Power Station conversion project in Newport

    SIMEC Atlantis Energy has announced the successful production of 100 tonnes of fuel pellets for large scale combustion testing and the successful completion of large scale milling tests on the 100% wa...

    Read more

Share this update