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Aquila Capital launches open-ended European renewables fund

German investment manager Aquila Capital Investmentgesellschaft Mbh on Sept. 3 announced that it has launched a new European renewables fund.

The European Balanced Renewables Fund completed its first close in June 2019 after securing an investment from Willis Towers Watson, according to a company news release.

The open-ended vehicle will invest in European wind, solar photovoltaic and hydropower assets, Aquila said.