15th Dec 2025 19:55
Aquila European Renewables PLC - managed by Aquila Capital, invests in European renewable energy assets - Completes EUR36.6 million sale of Danish assets Holmen II and Svindbaek. The disposal of Greek asset Desfina is expected to complete in February. Together with the sale of Sagres, which completed in June, the disposals total EUR78.3 million. Overall, Aquila continues to progress the divestment of the remainder of its portfolio as part of the managed wind-down. By late January, expects an initial return of capital of no less than EUR33.9 million, representing the majority of proceeds received from the disposals in 2025, excluding a cash buffer to ensure Aquila can meet its liabilities and commitments. Combined with the EUR2.5 dividend declared on November 24 and the proceeds of the Greek disposal, the amount is equivalent to the EUR63.0 million announced on October 23. Additionally, determines that a B share scheme is the most cost-efficient and flexible means of returning capital to shareholders. The B share scheme is subject to approval at its annual general meeting on January 8. Read More