Start-up Bullfinch and Aquila Capital launch joint investment

Together, the companies want to invest 200 million euros in renewable energies. The focus is on smart meters in particular.

Hamburg-based Aquila Capital and Frankfurt-based start-up Bullfinch are founding a joint investment vehicle together. The two investment houses intend to invest jointly in digital assets across Europe. "The partnership should have an immediate impact on the investment landscape in the renewable energy sector. Aquila Capital, with its leading investment experience in real assets and renewable energies, will contribute to this," it said in a statement.

Aquila Capital focuses on investments in renewable energy, energy efficiency, infrastructure, residential real estate, green logistics, forestry and agriculture. The company was founded in 2001 by Dieter Rentsch and Roman Rosslenbroich and currently manages 12.5 billion euros for institutional investors worldwide. Bullfinch was founded in 2019 by Robin Haack. The investment house focuses on energy generation, clean mobility, energy storage and smart buildings. Bullfinch partners with institutional investors and energy hardware providers.

In the press release, the two investors state that up to 25 trillion euros must be spent on upgrading real estate across Europe in order to achieve climate targets. "The Joint Investment Vehicle aims to become a relevant pure player in the energy efficiency sector and is targeting an investment volume of more than 200 million euros over the next two years." Smart metering (intelligent electricity meters) in particular is the focus of the joint investment.