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Year Founded: 2001

AUM: $14.52B | Dry Powder: $196.07M

Valentinskamp 70, 20355 Hamburg, Germany
Aquila Capital is a privately-owned hedge fund sponsor specializing in alternative investments, absolute return investment solutions, risk parity, superior risk-adjusted returns, agriculture investments, renewable infrastructure investments, and real estate investments

Key Contacts

  • Roman Rosslenbroich
    Co-Founder & CEO
  • Florian Becker
    COO & General Counsel
  • Thomas Bargl
    Managing Director

Investment Preferences

  • Preferred Industries
    Energy Equipment, Energy Services, Forestry, Other Business Products and Services, Other Energy, Exploration, Production and Refining
  • Geographical Preference
    Europe, Singapore
  • Preferred Deal Types
    Buyout/LBO, PE Growth/Expansion
  • Other Investment Preferences
    • Prefers majority stake
    • Prefers minority stake
    • Seeks ESG investments
    • Will syndicate

Investments By Year

Source: Pitchbook

Funds Closed

Energy Transition Infrastructure Fund
Vintage: 2018

Size: N/A

Dry Powder: N/A

Details: The fund invests in infrastructure sector, renewable generation, energy storage and energy transportation

European Hydropower Fund
Vintage: 2015

Size: $148.0M

Dry Powder: $12.4M

Details: The fund’s infrastructure asset preference is renewable energy mainly in Europe

Aquila Renewables Fund III
Vintage: 2015

Size: $355.1M

Dry Powder: $29.8M

Details: The fund seeks to invest into European renewable energy infrastructure

Investments By Industry

Investments By Region

Source: Pitchbook

Key Investments

In December 2022, Aquila Capital acquired 24MW operating Swedish wind farm on behalf of a Swiss investment foundation from Prime Capital. Aquila Capital will manage the investment for the Swiss investment foundation. The amount of electricity generated can supply the equivalent of 22,500 European households for one year

In December 2022, Aquila Capital announced the acquisition of a 220MW (440MWh) battery storage system portfolio in South Australia from Grupo Gransolar Holding Australia Pty Ltd, a subsidiary of Grupo Gransolar SL Spain. The portfolio includes three battery storage systems in different stages of development. In addition to battery storage systems, Aquila Capital is pursuing investments in photovoltaic and wind energy projects across Australia

In November 2022, Aquila Capital entered into three agreements with different companies for photovoltaic self-consumption projects. The total capacity of the plants will be 27MW

In April 2022, Aquila Capital acquired the operational Tyrinselka wind farm portfolio from Pohjoistuuli and partners in Finland for an undisclosed amount. The portfolio partly benefits from the Finnish feed-in-premium system and also has a portion of its output sold under a 10-year PPA with a local municipal utility. Pohjoistuuli developed and built the wind farms and will continue to operate them on behalf of Aquila

In March 2022, Aquila European Renewables Income Fund acquired Spanish solar PV project Greco through its subsidiary Tesseract Holdings. Greco’s 100MWp portfolio consists of 2 under construction assets

In February 2022, Aquila Capital acquired 100MW solar portfolio in Spain. The portfolio comprises two 50MW projects which are currently under construction. Upon completion, the projects will produce approximately 200GWh of clean energy per year

In February 2022, Aquila Capital signed an agreement to acquire a developing solar PV portfolio with 500MW of projects in Spain from Viridi RE and Solar Ambition, subsidiary of Green Enesys Group. Under the agreement, Viridi RE and Solar Ambition will work on the development until the projects reach a ready-to-build status

In January 2022, Aquila Capital acquired 51% stakes in 421MW of solar projects under development in Italy from Soltec Power Holdings’ subsidiary Powertis for an undisclosed amount. The deal covers 15 solar farms of which Powertis will retain 49% stakes. The agreement also includes the co-development of an additional 90MW of energy storage in Italy

In July 2021, Aquila European Renewables Income Fund through its fully owned subsidiary Tesseract Holdings Limited, acquired 50% equity interest in a debt-free Portuguese solar operating asset called Ourique. The plant is located in Alentejo, Portugal, with an installed capacity of 60MWp. By generating renewable power, the solar farm would be capable of offsetting about 17,035 tonnes of CO2 emissions a year

Other Details

Aquila Capital is an experienced investor in real asset investments with $14.52 billion in assets under management. It has more than 650 employees across 16 locations worldwide. The Aquila Group has built a largely pan-European investment portfolio with investments in the field of renewable energies. It manages wind energy, solar PV and hydropower assets of 11.4GW capacity. In 2022, Aquila Capital extended its energy efficiency business in Spain via 3 agreements with different companies

The firm’s recently closed climate transition focused fund is Aquila Capital Energy Transition Infrastructure Fund. The fund invests in assets that fall under renewable generation, energy storage and energy transportation. Its term is expected to be 12 years with a target net IRR of between 8% and 10%. The fund’s target size is $853.62 million

AMP Capital Investors, APG Group, Aquila Capital Wasserkraft Invest, Aquila Norway HydropowerINVEST, Avison Young, CapitalG, Hillhouse Capital Group, Housing Development Finance Corporation, InSite Realty are some of the institutional investors in Aquila Capital’s funds

Source: Company Website, Power Technology, SparkSpread,, Energylivenews, Renewableenrgyworld