Aquila Capital is set to launch a renewable infrastructure bond offering aimed at institutional investors.
The offering represents a securitised version of its Reneweable Infrastructure fund, which is invested in 13 operational renewable energy plants in Sweden, Germany, the United Kingdom and France.
The securitised offering has been given investment grade rating by an Esma recognised agency and is now targeting A- rating.
Roman Rosslenbroich, CEO and co-founder of Aquila Capital, comments: ”We actively had the securitisation reviewed by a reputable audit firm with respect to its regulatory, legal and tax suitability for the Fund’s anchor investor – a leading German insurance company. Due to significant demand, we are now making this investment opportunity available to additional investors.”
Susanne Wermter, head of Investment Management at Aquila’s Special Infrastructure Team adds: “Having already catered to the growing requirement for securitisation solutions from our investors in recent years, we are now receiving numerous requests for securitisation solutions for our renewable energy infrastructure funds. For institutional clients – who have to comply with various regulatory regimes – securitisations are an attractive alternative to investing in renewable infrastructure.”