According to Numis, the portfolio is expected to be diversified by geography (in areas of higher energy resource), technology (wind, solar and hydro) and revenue source (Long-term PPA and subsidy). 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.
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.