Image of Strategic capital partnership between Aquila Capital's asset management subsidiary and Commerzbank

Strategic capital partnership between Aquila Capital's asset management subsidiary and Commerzbank

Aquila Capital Investmentgesellschaft ("ACI"), the asset management subsidiary of Aquila Capital Holding GmbH ("Aquila Capital"), in which we hold a 40% stake, has entered into a strategic partnership with Commerzbank Aktiengesellschaft ("Commerzbank").

ACI will leverage Commerzbank's global network to expand its assets under management and explore new growth opportunities through collaboration. In return, Commerzbank will benefit from ACI's expertise in sustainable investment, offering its clients a wealth of opportunities aligned with its mission to promote the energy transition. As part of this strategic alliance, Commerzbank will acquire a 74.9% stake in ACI.

Aquila Group reaffirms its long-term commitment to ACI and will continue to play a leading role in shaping its future growth.

Highlights

The aim of the collaboration is to significantly accelerate ACI's growth and develop the company into one of the leading asset managers for sustainable investment strategies in Europe.

ACI is expected to benefit from Commerzbank's strong brand and extensive distribution network, which includes nearly 11 million private and corporate clients, 26,000 corporate client groups and a global presence in over 40 countries. Commerzbank aspires to facilitate the energy transition by leveraging ACI's investment expertise, helping the bank expand its market position in real asset investments.

Future Actions

Since forming a strategic alliance with Aquila Capital in May 2020, we have collaborated with the Aquila Group in various areas, including the development and investment in renewable energy assets across Europe and APAC. While Aquila Capital's main subsidiary, ACI, has primarily managed renewable energy investment funds for European investors, the Daiwa Securities Group has helped Aquila Capital provide Japanese investors with opportunities to invest in European renewable energy through available funds.

The strategic alliance between ACI and Commerzbank will help the Aquila Group rapidly seize growth opportunities as the demand for sustainable investments continues to rise. We welcome this alliance and remain committed to strengthening our relationship with the Aquila Group in the areas of renewable energy and sustainable investment.

Posted on January 25, 2024