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Aquila Capital – Acquisition of hydroelectric generation plants in Portugal

German asset manager Aquila Capital has agreed to acquire a 100 MW portfolio of hydroelectric generation plants in Portugal from EDP. The Hamburg-based investment manager will buy the 21 operational small-scale plants, split between 14 run-of-river plants and seven reservoir facilities across 10 river systems in northern and central Portugal. All the assets in the portfolio, which together make up around 25% of Portugal’s small-scale hydro capacity, benefit from feed-in tariffs.