Commerzbank to acquire a 74.9% stake in Aquila Capital.

Commerzbank, an international commercial bank based in Germany, agreed to acquire a 74.9% stake in Aquila Capital, an investment management company. Financial terms were not disclosed. “Since 2006, the core focus of our business at Aquila Group has been to contribute to the decarbonisation of the global economy. The shift towards renewable energy and a ’green industrialisation’ opens up investment opportunities that not only offer attractive returns but will also become increasingly important due to the rapidly growing capital requirements in the coming years. Against this backdrop, we are intensifying our efforts to mobilise private capital. The partnership with Commerzbank significantly expands our client network, facilitates the swift development of new, attractive investment products aimed at a net-zero economy and strengthens Aquila Group's position in the market. Together with Commerzbank, we plan to significantly enhance Aquila Capital Investmentgesellschaft’s prominent role as a sustainable real asset investor and expand it internationally,” Roman Rosslenbroich, Aquila Co-Founder and CEO.