Global law firm Clifford Chance has advised Aquila Group on the sale of a 74.9% majority stake in Aquila Capital Investmentgesellschaft. Commerzbank is the buyer and thus the new majority shareholder.
With this strategic partnership, Aquila Capital Investmentgesellschaft is expanding its offer of investment solutions in renewable energies, green infrastructure and sustainable real estate. The collaboration is expected to significantly accelerate growth and develop Aquila Capital Investmentgesellschaft into one of the leading asset managers for sustainable investments in Europe. Aquila Group reaffirms its long term commitment after the sale and will continue to play a leading role in shaping the future growth of Aquila Capital Investmentgesellschaft.
The parties have agreed not to disclose the financial details of the transaction. In addition, it is subject to regulatory approvals and is expected to close in the second quarter of 2024.
The Clifford Chance team was led by partner Josef Brinkhaus (Tax, Frankfurt), partner Stefan Bruder (Corporate, Frankfurt) and senior associate Sina Schwirz (Corporate, Munich) and also included senior associate Jana Landsittel (Corporate, Munich), partner Gregor Evenkamp (Munich), senior counsel Alexandra Margarete Uhl and associate Mario Opitz (all Global Financial Markets, Frankfurt), partner Olaf Mertgen, senior associate Steffen Waadt and associate Cornelius Klinger (all Tax, Frankfurt), partner Dimitri Slobodenjuk and senior associate Arne Gayk (both Antitrust, Düsseldorf), counsel Christopher Fischer (Employment), partner Holger Lutz and senior associate Michael Kümmel (both Corporate, all Frankfurt), partner Thomas Voland (Corporate), partner Mathias Elspaß, counsel Zaid Mansour and associate Laura-Isabell Dietz (all Corporate/Energy) and senior legal project manager Pascal Weber (all Düsseldorf).
