Germany-based Aquila Capital is continuing its expansion in the Japanese solar market, taking advantage of the growing opportunities in the optimistic market with the opening of a new office in Tokyo. The move is a vital part of the company’s investment philosophy to install investment teams directly in key markets.
Aquila Capital is the alternative asset management division of Aquila Group, an independent company that specializes in asset management and investment services for institutional and private investors.
The company has been active in the Japanese market for several years now and launched the first investment fund domiciled in Japan in 2013. It started investing in Japanese photovoltaic projects in 2014.
Boris Beltermann, Head Energy & Infrastructure APAC of Aquila Capital, said: “Japan has been transforming its energy system substantially for several years now and it has put in place a stable legal framework that provides attractive incentives for renewable energy projects. Japan’s strong demand for electricity and relatively high sunshine hours makes it one of the most attractive solar markets in the world.”
Yasuhiro Odajima has been appointed as Investment Manager Energy & Infrastructure APAC and is based at the office in Tokyo. He joins Aquila Capital from Pictet Asset Management. He has considerable experience in the investment management industry and has a bachelor’s degree in business management from the State University of New York.
Roman Rosslenbroich, CEO and Co-Founder of Aquila Capital, commented: “Our strategy is to combine our deep industry expertise with a network of local contacts to source and manage attractive opportunities for our investors. Yasuhiro has a considerable market knowledge and an extensive network of contacts. We are delighted that he will monitor our investments in Japan on-site out of the new office in Tokyo.”