Aquila European Renewables Income Fund plc ("AERIF" or "the Company"), the London-listed investment company advised by Aquila Capital Investmentgesellschaft mbH, is pleased to announce that further to the RNS released on 16 May 2022, its wholly owned subsidiary, Tesseract Holdings Limited has closed the acquisition of a 100% interest in Tiza, a 30 MWp operating solar PV asset located in the south of Spain.
Tiza benefits from a recently signed, 6.5 year fixed price Power Purchase Agreement with Axpo Iberia, a subsidiary of Axpo Solutions, which covers 70% of P50 production.
