Aquila European Renewables Income Fund PLC - Hamburg-based investor in renewable energy infrastructure in Europe, advised by Aquila Capital Investment GmbH - Reaches an "important" milestone at its Albeniz solar photovoltaic project in Spain. Says the asset is fully operational and producing revenue. The asset is expected to have an operating life of 30 years after commissioning. It expected to provide 95.9 gigawatt hours of renewable electricity annually over its lifetime.
Aquila also notes that the court hearing concerning the local reindeer district and The Rock licence has been postponed to May 30, 2023.
Current stock price: 87.92 pence, up 0.2% in London on Monday
12-month change: down 7.7%
By Heather Rydings; heatherrydings@alliancenews.com
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Aquila Euro. (AERS)
Aquila Euro. (AERI)