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. As such, Aquila believes that it has the potential to deliver a lower volatility return than single technology UK listed vehicles. “Renewable energy is a key part of our strategy as we are committed to reducing carbon emissions by 80% from 2010 levels by 2050,” said the company’s chief executive, Richard O’Leary.
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. “Renewable energy is a key part of our strategy as we are committed to reducing carbon emissions by 80% from 2010 levels by 2050,” said the company’s chief executive, Richard O’Leary.