Aquila Capital today confirmed it had invested in a new Norwegian base.
The firm made the move in a bid to target a region’s renewables sector.
Aquila Capital appointed Joakim Johnsen to run the office.
He has more than 13 years’ experience in developing renewable energy projects and previously held a number of leading roles with Statkraft, where he was responsible for several large M&A transactions in the hydropower sector. Most recently, Johnson, who is a Norwegian, was the company’s country head for Brazil.
Chief executive Roman Rosslenbroich said: “Joakim is a highly regarded investment professional and I’m confident in the level of expertise he will bring to the team. His wealth of experience will be invaluable as we continue our expansion in the renewable energy sector in the Nordic region. These constitute core markets in the fields of wind energy and hydropower in which we remain committed to pursuing investment opportunities.”
The office in Oslo will coordinate investment and transaction management as well as operations in the hydropower sector and enable Aquila Capital to intensify deal sourcing. The office reflects Aquila Capital’s approach to addressing the growing importance of the Nordic region and meeting increasing demand.
Joakim Johnsen added: “Aquila Capital is stepping up its activities in the renewable energy sector in the Nordic countries and I’m looking forward to working with the team to continue the firm’s success in this space.”