Aquila Capital makes solar energy investment – in the UK!

Solar panelsThe UK may be famed for its lack of sunshine, but Aquila Capital, an alternative asset manager, has made a solar energy investment there with the purchase of a photovoltaic park. At least the park, bought for an undisclosed sum, is near Bristol in the Southwest of England, where sunshine is more dependable. Also, the manufacturer of modules that are used in converting sunshine into electricity at the park, Solar Frontier, makes modules that are more suited to the UK climate. Photovoltaic investments globally reached $149.6 billion last year (€136 billion), Aquila says, which was 25% higher than in 2013. The significant increase in growth was largely driven by the significant decrease in production costs of photovoltaic energy, resulting in increased competitiveness for the energy source. The plant, located near Bristol, has an installed capacity of 7.2 MWp and was constructed by its seller and developer, New Energy for the World GmbH. Boris Beltermann, head of solar and wind investments at Aquila Capital, says: “The UK has become one of the strongest-growing markets for photovoltaic energy in recent years. Its incentive schemes for renewable energy further strengthen the investment case for photovoltaic parks in the country.” Aquila also has photovoltaic investments in Germany, France and Japan. ©2015 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.