Aquila Capital

What Aquila Capital does

Aquila Capital is a Hamburg-based, privately held German investment management firm founded in 2001, operating as Aquila Capital Investmentgesellschaft mbH and serving institutional investors worldwide with alternative investment solutions in real assets and private markets. The firm runs a diversified real-asset platform across ten verticals: solar PV, wind energy, hydropower, battery energy storage systems (BESS), data centres, land use and carbon forestry, residential real estate, green logistics, energy efficiency, and core infrastructure. Capital is pooled through dedicated fund vehicles, including the AC One Planet ELTIF (European Long-Term Investment Fund surpassing EUR 100 million in AUM) and the Aquila Capital Southern European Logistics Fund (ACSEL), with a parallel investment-advisory mandate to the publicly listed Aquila European Renewables plc. The firm deploys balance-sheet and project-level debt — exemplified by a JPY 3 billion (USD 21.5 million) loan from Ashikaga Bank in 2023 to finance a Chiba Prefecture solar project — to originate and manage assets directly.

The firm earns revenue primarily through fund management fees, advisory fees on affiliated mandates, and transaction-level economics on acquisitions and project financings. Go-to-market is direct institutional sales, supported by an investor login, corporate communications, and ESG/sustainability reporting on its website; pricing is not publicly disclosed. Customer concentration is tilted toward large institutional capital allocators, with the Aquila European Renewables plc advisory relationship historically material. The firm employs 501–1,000 people across operations spanning Germany, Japan, Portugal, Greece, and Italy, and is led by co-founders Roman Rosslenbroich (CEO) and Dieter Rentsch (CIO), alongside a C-suite covering operations, finance, and technology.

A material governance overhang emerged in 2026 when Aquila European Renewables plc announced it would withhold investment-advisory fees from Aquila Capital Investmentgesellschaft mbH amid disputes over asset valuations and incomplete fee disclosure, coinciding with Aquila Capital's negotiation to acquire approximately half of the Aquila European Renewables portfolio (including a EUR 50 million German cross-dock collection). No AI/ML capability, proprietary technology stack, or digital-product surface is referenced in the available data; the platform is fundamentally an operational real-asset investment business.

Name

Aquila Capital

Legal name

Aquila Capital Investmentgesellschaft mbH

Website

https://aquila-capital.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Aquila Capital is a Hamburg-based, privately held German investment manager founded in 2001 that offers institutional investors worldwide alternative investment solutions across ten real-asset verticals — including renewable energy, data centres, green logistics, and carbon forestry — via fund vehicles such as the AC One Planet ELTIF and ACSEL.

Ownership category

akta.pro rank

Product category

Alternative Investment Management (Real Assets)

NAICS

Other Financial Vehicles (52599), Funds, Trusts, and Other Financial Vehicles (525), Other Investment Pools and Funds (5259), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Sustainable/Thematic Investing (Climate, Clean Tech, Water, Biodiversity) (FSAAALAB)

akta.pro secondary industries

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), Environmental & Resource Efficiency Funds (Water, Waste, Recycling, Efficiency) (FSANAEAE)

Keywords

• Alternative investment management
• Renewable energy infrastructure
• Real assets investing
• Sustainable asset management
• Institutional fund management

Headquarters

HQ city

Hamburg

HQ country

Germany

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Distribution channels1 record

Marketing channels1 record

Core offering

Aquila Capital is a German investment manager that originates, manages, and disposes of real asset investments on behalf of institutional and accredited investors. Its product set spans renewable energy infrastructure (solar PV, wind, hydropower, battery energy storage), data centres, green logistics, residential real estate, carbon forestry, energy efficiency, and core infrastructure, packaged through dedicated fund vehicles such as the AC One Planet ELTIF and the Aquila Capital Southern European Logistics Fund (ACSEL).

Product overview

Aquila Capital is a German asset management company specializing in sustainable real asset investments. The company operates a diversified portfolio of renewable energy and infrastructure products across solar PV, wind energy, hydropower, and battery energy storage systems, as well as data centres, green logistics, and carbon forestry. The offering includes institutional-grade investment products such as the AC One Planet ELTIF (European Long-Term Investment Fund exceeding EUR 100 million) and the Aquila Capital Southern European Logistics Fund (ACSEL), which acquires and manages sustainable logistics real estate across Southern Europe.

Differentiator

Problem solved

Functional benefit

Brands

• ACSEL: Aquila Capital Southern European Logistics Fund - a fund investing in sustainable logistics properties across Southern Europe
• AC One Planet ELTIF

Products and services

• Solar PV

Quantifiable outcome

• Solar project contributes to Japan's goal of achieving 36%-38% renewable energy in electricity generation by end of decade

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Brookfield Asset Management: Brookfield is the world's largest alternative asset manager with a substantial renewable energy and infrastructure real-asset platform spanning solar, wind, storage, and data centres — directly competing with Aquila for institutional ESG mandates, but at materially greater scale.
• Macquarie Asset Management: Macquarie's green investment arm invests across renewable energy, energy efficiency, and sustainable infrastructure globally, making it a direct comparable to Aquila's sustainable real-asset strategy from a larger incumbent perspective.
• BlackRock Real Assets: BlackRock's Real Assets platform invests across infrastructure, renewables, and property, directly competing with Aquila for institutional capital in sustainable real assets with the backing of the world's largest asset manager.
• Nuveen (TIAA): Nuveen manages one of the largest sustainable infrastructure and real-asset platforms globally, offering institutional investors diversified exposure to renewables, real estate, and infrastructure — directly comparable to Aquila's sustainable real-asset strategy.

Direct peers

• Copenhagen Infrastructure Partners: CIP is a dedicated renewable energy infrastructure fund manager focused on wind, solar, biomass, and energy storage across global markets — a closely aligned direct peer to Aquila's renewable energy asset management business.
• Partners Group: Partners Group is a Swiss private markets firm with significant infrastructure and renewable energy exposure, similarly serving institutional investors with diversified sustainable real-asset strategies from a European base.
• Foresight Group: Foresight Group is a UK-listed asset manager specializing in sustainable infrastructure, renewable energy, and environmental investment funds — a closely comparable direct peer to Aquila in European sustainable real-asset management.
• KGAL: KGAL is a German investment manager focused on real assets including renewable energy, infrastructure, and real estate, making it a head-to-head domestic direct peer to Aquila Capital.
• Encavis Asset Management: Encavis (formerly Capital Stage) operates wind and solar power plants across Europe and manages institutional investment vehicles in renewables — a direct peer competing with Aquila for solar and wind mandates in DACH and broader Europe.
• Patrizia SE: Patrizia is a German investment manager with real-estate and infrastructure funds targeting institutional investors across Europe, including sustainable logistics and residential — directly overlapping with Aquila's green logistics and residential real-asset strategies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/aquila-capital
• Xx.com/aquilacapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aquila Capital