Commerzbank acquires 74.9 % stake in Aquila Capital Investmentgesellschaft

Commerzbank has announced that it has acquired a 74.9 % stake in Aquila Capital Investmentgesellschaft, which specializes in essential assets such as renewable energies and infrastructure projects. The remaining 25.1 percent of the shares are to remain with the current parent company Aquila Group.

Under the umbrella of Commerzbank, Aquila Capital Investmentgesellschaft will develop into a leading asset manager for sustainable investment strategies. With Commerz Real and Aquila Capital Investmentgesellschaft, Commerzbank will significantly drive forward the energy transition in Germany and Europe.

Aquila Capital Investmentgesellschaft will make an important contribution to the planned commission income growth and 2027 revenue targets of Commerzbank. Together with Commerz Real, the real asset portfolio in the Group is to grow to more than EUR40 billion (US$43.5 billion). The transaction is subject to regulatory approvals. The closing is expected in the second quarter of 2024.