Aquila Capital

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Aquila Capital
Company typePrivate (GmbH)
IndustryFinancial services
Founded2001; 23 years ago (2001)
Headquarters,
Area served
Worldwide
Key people
  • Roman Rosslenbroich, CEO
  • Dieter Rentsch, CIO
ProductsSustainable investments, including solar pv, wind, hydropower and battery storage, green logistics, real estate, data centres, energy efficiency, forestry, and infrastructure
Number of employees
400+ (2019)
ParentAquila Group
Websitewww.aquila-capital.de

Aquila Capital is an investment management company with headquarters in Hamburg, Germany.[1][2][3] It was founded in 2001 by Roman Rosslenbroich and Dieter Rentsch. Aquila Capital focuses on real assets and sustainable investments.[4] The company manages more than €14.7 billion for institutional investors[5] and is among Europe’s leading investment companies in climate change mitigation.[6][7][8]

History[edit]

The company was founded in 2001[9][10] and began investing in real assets, especially agriculture and forestry,[11] followed by hydropower (including storage),[12][13] finally raising funds for solar and wind energy,[14] logistics, and real estate.[15] The company is focused on sustainable investments with the aim to support the decarbonization of the world’s infrastructure in light of climate change.[16]

In 2016, Aquila Capital received public attention for launching a €500 million vehicle to invest in infrastructure assets and funds.[17] It was open to both institutional and wealthy private investors.[18] In 2018, Aquila Capital financed the expansion of European hydropower by partnering with a Dutch pension investor.[19] Furthermore, Aquila Capital is the portfolio adviser of Aquila European Renewables (AER), which raised €154.3 million during its initial public offering (IPO) in May 2020.[20] AER is both listed on the London Stock Exchange and since October 2023 also on Euronext Dublin.[21][22]

In 2018, the company received the Swedish Renewable Energy Award for its long-time commitment to transitioning to a low-carbon society.[23]

In 2019, the infrastructure arm of Daiwa Securities,[24] a Japanese investment bank and the country’s the second-largest brokerage firm, acquired a 40 % stake in Aquila Capital which marked the company’s commitment to further expand its global presence.[25]

In 2021, Aquila Capital’s holding company Aquila Group bundled its clean energy development capacities in Aquila Clean Energy, an integrated clean energy business that combines the technical expertise required to develop greenfield projects with the financial capabilities to structure capital and manage merchant market risk. In September 2022, Aquila Clean Energy received a €1 billion financing by a build-to-sell construction facility from the European Investment Bank and a consortium of seven commercial banks, backed by the European Union’s InvestEU programme, to support the development of renewable energy assets in Southern Europe.[26][27] It was one of the biggest loans ever granted by the European Investment Bank under a project finance structure.

Currently, Aquila Capital ranks among the most significant investment managers in Europe. The company’s main business areas are renewable energy, real estate, energy efficiency, forestry, and data centres.[28][29]

Corporate structure[edit]

Aquila Capital is part of Aquila Group,[30] a holding company for investment management and asset development companies active in EMEA and APAC. Aquila Capital is a regulated Alternative Investment Fund Manager (AIFM)[31] licensed under German law and subject to supervision of the German Federal Financial Supervisory Authority (BaFin). Affiliated companies, and brands include Aquila Clean Energy (EMEA and APAC), AQ Compute (data centre business), AQ Ampere (solar pv greenfield development) and Green Logistics.

Aquila Capital and the Aquila Group are managed by Roman Rosslenbroich (CEO) and Dieter Rentsch (CIO), Florian Becker (COO), Christian Ohl (CFO) and Michaela Maria Eder von Grafenstein. Rosslen-broich and Rentsch are both co-founders of the company. An advisory board of well-known industry experts supports the management; members are Hans Joachim Schellnhuber and Klaus Naumann, for example.

Business activities[edit]

Aquila Capital[32] has invested over €3 billion in solar assets and more than €2 billion in wind assets. The combined Aquila Group energy plants together provide a power capacity of currently 14.6 gigawatts. The current operative portfolio avoids around 1.2 million tonnes of greenhouse gases annually, which equals to the emissions of approximately 70,000 European households.

Aquila Capital is initiator of AQ Acentor, a Spanish residential real estate company.[33]

References[edit]

  1. ^ "Profile". Bloomberg. Retrieved 16 September 2020.
  2. ^ "Overview". IPE Reference Hub. Retrieved 16 September 2020.
  3. ^ "Aquila Capital". The Hedge Fund Journal. Retrieved 16 September 2020.
  4. ^ "Aquila Capital Targets €300m in London IPO for European Renewables Fund". IPE Real Assets. 10 May 2019. Retrieved 16 September 2020.
  5. ^ "Aquila Capitals Infrastrukturfonds erfreut sich hoher Zuflüsse". www.institutional-money.com (in German). Retrieved 21 December 2023.
  6. ^ Rentsch, Dieter; Stephan, Ewald (25 January 2020). "Auskömmliche Rendite, gutes Gewissen". Börsen-Zeitung (in German). p. 2.
  7. ^ Klemm, Thomas (12 June 2021). "So rettet Ihr Geld die Welt". Frankfurter Allgemeine Zeitung (in German).
  8. ^ "Europe's Largest Single Managers Ranked by Assets Under Management" (PDF). The Hedge Fund Journal. 2013. Retrieved 16 September 2020.
  9. ^ Beckstedde, Heike (14 March 2002). "Verdammt um Erfolg". Telebörse (in German). p. 54.
  10. ^ Möller, Karl-Heinz (2 June 2002). "Die Nachrichtenlage spricht für Japan". Welt am Sonntag (in German). p. 53.
  11. ^ "Aquila Capital Creates Globally Diversified Agricultural Investment Management Team". Hedgeweek. 20 April 2012. Retrieved 16 September 2020.
  12. ^ "European Hydropower Fund: Aquila Capital startet Wasserkraftfonds für Institutionelle". Das Investment (in German). 7 May 2015. Retrieved 16 September 2020.
  13. ^ "Aquila Capital: 500 Millionen Euro in Wasserkraft". Cash Online (in German). 14 July 2014. Retrieved 16 September 2020.
  14. ^ "HSH finanziert Solarpark bei Flensburg". Die Welt (in German). 13 December 2011. p. 37.
  15. ^ Baba, Razak M. (5 April 2018). "Aquila Plans Three New Funds To Target Spanish Logistics and Residential". IPE Real Assets. Retrieved 16 September 2020.
  16. ^ Klemm, Thomas (12 June 2021). "So rettet Ihr Geld die Welt". Frankfurter Allgemeine Zeitung (in German).
  17. ^ Handy, Russell (2 March 2016). "Aquila Capital Launches €500m Infrastructure Platform". IPE Real Assets. Retrieved 16 September 2020.
  18. ^ Hirtenstein, Anna (2 March 2016). "Aquila legt 500 Mio. Euro schweren Infrastruktur-Hedgefonds auf". Die Welt (in German). Retrieved 16 September 2020.
  19. ^ "Aquila Capital Expands European Hydropower Partnership by €250 Million". Renewable Energy World. 20 February 2020. Retrieved 14 October 2020.
  20. ^ "Aquila European Renewables Fund Makes First Acquisitions". IPE Real Assets. 8 July 2019. Retrieved 30 November 2020.
  21. ^ "London Stock Exchange | London Stock Exchange". www.londonstockexchange.com. Retrieved 21 December 2023.
  22. ^ "Aquila European Renewables plc lists on Euronext Dublin | euronext.com". www.euronext.com. Retrieved 21 December 2023.
  23. ^ "Feedback-Schleifen suchen Trends". Börsen-Zeitung (in German). 12 December 2018. p. 14.
  24. ^ "Daiwa Securities Is Japan's Second-Largest Independent Brokerage Firm". Morningstar, Inc. 2 November 2023. Retrieved 21 December 2023.
  25. ^ "Daiwa's Infrastructure Arm Takes 40% Stake in Aquila Capital". IPE Real Assets. 5 December 2019. Retrieved 16 September 2020.
  26. ^ "Aquila secures €1bn to develop 2.6GW of renewable energy pipeline". Retrieved 21 December 2023.
  27. ^ Scully, Jules (7 September 2022). "Aquila Capital secures financing to construct 2.6GW of renewables in Spain and Portugal". PV Tech. Retrieved 21 December 2023.
  28. ^ Tan, Gillian (31 May 2018). "With Goldman and Blackstone on the Prowl, Aquila May Sell a Stake in Itself". Bloomberg. Retrieved 16 September 2020.
  29. ^ Baba, Razak M. (5 April 2018). "Aquila Plans Three New Funds To Target Spanish Logistics and Residential". IPE Real Assets. Retrieved 16 September 2020.
  30. ^ "Start der Aquila-Tochter Alceda in Luxemburg – 500 Mio. Euro AuM". Fonds professionell (in German). 10 July 2007. Retrieved 16 September 2020.
  31. ^ "Alceda Granted Multi-Asset AIFM Status in Germany". Private Equity Wire. 13 March 2014. Retrieved 16 September 2020.
  32. ^ Klemm, Thomas (12 June 2021). "So rettet Ihr Geld die Welt". Frankfurter Allgemeine Zeitung (in German).
  33. ^ "AQ Acentor plans to invest on the Spanish logistic market". www.iberian.property. 31 May 2021. Retrieved 21 December 2023.

External links[edit]