NAV aims to raise €300m ( 8.2bn ) for an investment fund targeting European renewable energy projects. The Ireland -listed fund plans to invest in assets including onshore wind, solar and hydro, spread across continental Europe and London . Aquila believes the diversity of the projects will offer lower return volatility than vehicles based around a single form of technology, and is targeting a net asset value total return of 1.5% per year.
Aquila Capital aims to raise €300m ($335m) for an investment fund targeting European renewable energy projects. The London-listed fund plans to invest in assets including onshore wind, solar and hydro, spread across continental Europe and Ireland. Aquila believes the diversity of the projects will offer lower return volatility than vehicles based around a single form of technology, and is targeting a net asset value total return of between 6% and 7.5% per year.