Aquila Capital

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Aquila Capital
TypePrivate (GmbH)
IndustryFinancial services
Founded2001; 23 years ago (2001)
Headquarters,
Area served
Worldwide
Key people
  • Roman Rosslenbroich, CEO
  • Dieter Rentsch, CIO
ProductsSustainable investments, real assets, renewable energy investments, and real estate
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 and focuses on sustainable investments,[4] including renewable energy and green logistics, as well as real estate.[5] Aquila Capital manages more than €12.5 billion for institutional investors and is among Europe’s leading investment companies in clean energy.[6][7]

History

The company was founded in 2001[8][9] and began investing in agriculture and forestry,[10] followed by hydropower (including storage),[11][12] finally raising funds for solar and wind energy,[13] as well as logistics and real estate.[5] Since climate change is easy to predict due to CO2 emissions, the company focused exclusively on sustainable investments.[7]

In 2016, Aquila Capital received public attention for launching a €500 million vehicle to invest in infrastructure assets and funds.[14] It was open to both institutional and wealthy private investors.[15] In 2018, Aquila Capital financed the expansion of European hydropower by entering a partnership with a Dutch pension investor.[16] Furthermore, Aquila is investment adviser for the Aquila European Renewables Income Fund (AERIF), which raised €154.3 million during its initial public offering (IPO) in May 2020.[17]

In 2018, the company received the Swedish Renewable Energy Award for its commitment to the transition to a low carbon society.[18] Aquila Capital was named European Hedge Fund Firm of the Year in 2010 and 2012.[19][20] Due to continued growth,[21] the company ranks among the largest investment managers in Europe.[22] As of today, the company’s main business units are renewable energy, real estate, energy efficiency, timber and agriculture.

Operations

The company is part of Aquila Group, a holding for Aquila Capital, affiliated companies and brands.[23][24]

Aquila Capital is managed by Roman Rosslenbroich (Chief Executive Officer) and Dieter Rentsch (Chief Investment Officer), both co-founders of Aquila Group. In 2019, the infrastructure arm of Daiwa Securities, a Japanese investment bank, acquired a 40 % stake of Aquila Capital.[25] The company management is supported by an advisory board.

Activities

Aquila Capital has invested more than three billion euros in solar assets and more than two billion in wind assets. All energy plants together provide a power capacity of currently 10 gigawatts, which is to be expanded to 75 gigawatts within ten years.[7] The current operative portfolio corresponds to a CO2 avoidance of around 1.2 million tonnes annually, which equals to the emissions of around 70,000 households. Besides its own activities, Aquila Capital is initiator and shareholder of KlimaInvest Green Concepts, an energy and climate protection agency in Germany, which offsets carbon emissions on demand.[26][27]

References

  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. ^ a b Baba, Razak M. (5 April 2018). "Aquila Plans Three New Funds To Target Spanish Logistics and Residential". IPE Real Assets. Retrieved 16 September 2020.
  6. ^ Rentsch, Dieter; Stephan, Ewald (25 January 2020). "Auskömmliche Rendite, gutes Gewissen". Börsen-Zeitung (in German). p. 2.
  7. ^ a b c Klemm, Thomas (12 June 2021). "So rettet Ihr Geld die Welt". Frankfurter Allgemeine Zeitung (in German).
  8. ^ Beckstedde, Heike (14 March 2002). "Verdammt um Erfolg". Telebörse (in German). p. 54.
  9. ^ Möller, Karl-Heinz (2 June 2002). "Die Nachrichtenlage spricht für Japan". Welt am Sonntag (in German). p. 53.
  10. ^ "Aquila Capital Creates Globally Diversified Agricultural Investment Management Team". Hedgeweek. 20 April 2012. Retrieved 16 September 2020.
  11. ^ "European Hydropower Fund: Aquila Capital startet Wasserkraftfonds für Institutionelle". Das Investment (in German). 7 May 2015. Retrieved 16 September 2020.
  12. ^ "Aquila Capital: 500 Millionen Euro in Wasserkraft". Cash Online (in German). 14 July 2014. Retrieved 16 September 2020.
  13. ^ "HSH finanziert Solarpark bei Flensburg". Die Welt (in German). 13 December 2011. p. 37.
  14. ^ Handy, Russell (2 March 2016). "Aquila Capital Launches €500m Infrastructure Platform". IPE Real Assets. Retrieved 16 September 2020.
  15. ^ Hirtenstein, Anna (2 March 2016). "Aquila legt 500 Mio. Euro schweren Infrastruktur-Hedgefonds auf". Die Welt (in German). Retrieved 16 September 2020.
  16. ^ "Aquila Capital Expands European Hydropower Partnership by €250 Million". Renewable Energy World. 20 February 2020. Retrieved 14 October 2020.
  17. ^ "Aquila European Renewables Fund Makes First Acquisitions". IPE Real Assets. 8 July 2019. Retrieved 30 November 2020.
  18. ^ "Feedback-Schleifen suchen Trends". Börsen-Zeitung (in German). 12 December 2018. p. 14.
  19. ^ "Awards 2010 Winners". Funds Europe. Retrieved 16 September 2020.
  20. ^ "Awards 2012 Winners". Funds Europe. Retrieved 16 September 2020.
  21. ^ Tan, Gillian (31 May 2018). "With Goldman and Blackstone on the Prowl, Aquila May Sell a Stake in Itself". Bloomberg. Retrieved 16 September 2020.
  22. ^ "Europe's Largest Single Managers Ranked by Assets Under Management" (PDF). The Hedge Fund Journal. 2013. Retrieved 16 September 2020.
  23. ^ "Start der Aquila-Tochter Alceda in Luxemburg – 500 Mio. Euro AuM". Fonds professionell (in German). 10 July 2007. Retrieved 16 September 2020.
  24. ^ "Alceda Granted Multi-Asset AIFM Status in Germany". Private Equity Wire. 13 March 2014. Retrieved 16 September 2020.
  25. ^ "Daiwa's Infrastructure Arm Takes 40% Stake in Aquila Capital". IPE Real Assets. 5 December 2019. Retrieved 16 September 2020.
  26. ^ Gerth, Martin (2 September 2020). "Handel mit Emissionsrechten: CO2-Produkte für Privatanleger". WirtschaftsWoche (in German). Retrieved 30 November 2020.
  27. ^ "Aquila Capital Offsets CO2 Emissions of PEI Alternative Insight's 2019 Global Summit in Berlin". Private Equity Wire. 13 March 2019. Retrieved 30 November 2020.

External links