Fuyo General Lease : Lease Signed an agreement to invest in European renewable energy business fund
August 04, 2022 at 09:51 pm EDT
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August 5,2022
News Release
Fuyo General Lease Co. Ltd.
(Securities Code: 8424 TSE Prime)
President & CEO Hiroaki Oda
Fuyo Lease Signed an agreement to invest in European renewable
energy business fund
Fuyo General Lease Co., Ltd (Tokyo, Chiyoda-ku; President & CEO Hiroaki Oda; hereinafter "Fuyo Lease") signed an agreement to invest in "Aquila Capital European Balanced Renewables Fund SCSp SICAV-RAIF" (hereinafter the "Fund"), an investment fund that targets renewable energy assets in Europe.
The Fund is managed by Aquila Capital Investmentgesellschaft mbH, which is owned by Aquila Capital Holding GmbH (Hamburg, Germany; CEO: Roman E. Rosslenbroich; hereinafter "Aquila Capital"), an investment and asset development company that operates and manages approximately EUR 12.3 billion (as of end of December 2021) of assets mainly in renewable energy and sustainable infrastructure. The group has over 600 employees in 16 offices in 15 countries and develops and operates business rooted in the local community. They develop business activities aiming at improving overall performance and achieving ESG goals by leveraging strengths in providing one-stop services from development to investment management.
This fund invests exclusively in renewable energy projects in Europe out of the extensive assets managed and operated by Aquila Capital. It incorporates a diverse range of power source types (primarily solar, wind, and hydro) projects in several countries as investment assets.
Under the new medium-term management plan "Fuyo Shared Value 2026", which began in fiscal year 2022, the Fuyo Lease Group aims to achieve sustainable growth as a corporate group by simultaneously solving social issues and realizing economic value through the practice of Creating Shared Value (CSV). By utilizing the latest industry trends and know-how gained through investment in this fund, we aim to actively participate in the global renewable energy business, starting with the European region, which has a huge market size in the renewable energy field, and expand our multifaceted business domains in collaboration with Aquila Capital.
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Summary of Aquila Capital Holding GmbH
Founded
2001
Headquarters
Valentinskamp 70, 20355 Hamburg, Germany
Major
Aquila Holding GmbH (60%)
Shareholders
Daiwa Energy & Infrastructure Co., Ltd. (40%)
CEO
Roman E. Rosslenbroich
Business
Investment management focusing on renewable
energy and sustainable infrastructure
Contact for Inquires
Fuyo General Lease Co., Ltd. Corporate Communications Div. (Representatives)
Ms. Kimura & Mr. Yamazaki
Telephone 03(5275)8891 URL https://www.fgl.co.jp/
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Fuyo General Lease Co. Ltd. published this content on 05 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2022 01:50:03 UTC.
Fuyo General Lease Co Ltd is engaged in the financial transactions such as leasing of machinery and equipment, real estate leasing, installment sales transactions and monetary lending. The Company operates in three business segments. The Leasing & Installment segment includes leasing of information-related equipment & office equipment, industrial machine tools (including property sales associated with the expiration & cancellation of lease transactions), the leasing of real estate, as well as the installment sale of commercial equipment, production equipment, hospital equipment. The Finance segment is involved in the money lending, the operation of securities owned to obtain financial income for business purposes, and the establishing of the silent partnership. Others segment includes environment and energy-related, fees and business process outsourcing (BPO) services (new areas).