Announced
Completed
Financials
Sources
Tags
Cross Border
Portugal
Renewable Energy Equipment
Friendly
solar power assets
Infrastructure
Private
Single Bidder
Acquisition
Private Equity
Completed
Synopsis
Aquila, an independent investment management company with headquarters in Hamburg, completed the acquisition of a 50% stake in Ourique, an unlevered Portuguese solar operating asset. Financial terms were not disclosed. "Ourique is an excellent addition to AERIF's portfolio and will directly contribute to its dividend cover. With this investment, the Company has again proven its ability to allocate funds prudently, within a short time frame," Christine Brockwell, Aquila Capital Head of Partnerships & Portfolio Management.
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