Aquila Capital sells Japanese solar farm

Solar_farmHamburg-based alternative asset manager Aquila Capital says it has sold a solar farm in Japan to a local institutional investor. The German firm will manage the solar farm, which uses photovoltaic technology, for the duration of the deal term. It is the company's second deal in Japan since it set up an operation in the country in 2012. “This investment reflects the current outlook in the Japanese photovoltaic market,” said Boris Beltermann, who is responsible for Aquila Capital’s solar business in Japan. “Market-ready projects are particularly interesting for local institutional investors, so developing projects that already have secured feed-in tariffs is an attractive strategy for our investors.” After the Fukushima nuclear catastrophe, Japan added incentives for solar producers financed by levies on electricity customers. The German government offers a similar scheme, which has helped to make Germany among the world leaders in installed solar capacity. “These conditions have led to Japan being among the largest and most lucrative solar markets in the world next to the US, China and Germany,” said Beltermann. ©2017 funds global asia

Executive Interviews

INTERVIEW: ‘We have to improve ourselves’

Jul 17, 2017

Raising productivity is essential for Abenomics to succeed, says Mitsuhiro Yuasa, co-founder of Rheos Capital.

INTERVIEW: Cash-rich and hoping to grow

Mar 20, 2017

The chief executive of Value Partners has ambitious plans and $335 million to spend. George Mitton meets King Lun Au.

Roundtables

REAL ESTATE ROUNDTABLE: In search of a home

Jul 17, 2017

From Korean warehouses to Chinese hospitals, investors’ holding periods are growing in Asia. But in a market awash with liquidity, so is competition for assets. Our panel in Hong Kong discuss real estate investment.

ROUNDTABLE: More transparency, less certainty

Mar 20, 2017

Our panel discussed exchange-traded funds, regulatory overdrive and whether mutual fund recognition has been a failure. Chaired by George Mitton in Hong Kong.