Aquila Capital to acquire an 89% stake in Desfina.

Aquila Capital, an investment management company, agreed to acquire an 89% stake in Desfina, an operational wind farm in Greece. Financial terms were not disclosed. "With our recent acquisitions of Albeniz and now Desfina, AERIF is continuing its excellent track record of deploying capital into a range of renewable energy projects that meet our strict investment criteria. Desfina is our first investment in Greece and notably benefits from a long-term feed-in premium at attractive terms," Ian Nolan, Aquila European Renewables Income Fund Chairman.