Guernsey is the jurisdiction of choice for Aquila Capital's
second green fund.
PraxisIFM's Guernsey Alternative Investment Fund Manager
(AIFM), International Fund Management
Limited (IFM), has provided AIFM requirements for the
Aquila Energy Efficiency Trust PLC (AEET), which follows the Aquila
European Renewables Income Fund PLC in 2019, also with AIFM
services provide by IFM in Guernsey.
AEET targets investments in clean energy and projects to improve
energy efficiency. It started trading on the main market of the
London Stock Exchange on 2 June 2021, having raised £100
million in its initial public offering.
The fund will finance projects which will make valuable
contributions towards climate change, such as installing rooftop
solar panels, efficient LED lighting and charging infrastructure
for electric vehicles.
