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Aquilo Power LLP

Lincolnshire and Nottinghamshire, UK

In 2014, Downing funds invested into Aquilo Power LLP, the owner of an operational 500kW EWT Direct Drive wind turbine, with funding used to build a second turbine nearby. An additional investment saw completion of a third turbine, with a fourth later acquired which had been commissioned in 2012. In 2018 Downing funds purchased the investing partner's remaining share.  

EWT is the turbine supplier and provides O&M services to the portfolio under a 10-year agreement. They are a Dutch company and one of the leading wind turbine manufacturers in the 500kW category. Asset management is performed in-house by Downing. 

Key facts

Sector
Acquisition
April 1, 2014
Summary
2MW onshore wind portfolio, comprising 4x 500kW EWT turbines  
Commissioned
Location
Lincolnshire and Nottinghamshire, UK
Revenues
Feed-in-Tariff (generation and export rates)  
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