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: Core Renewables – Onshore Wind 

Summary: 2MW onshore wind portfolio, comprising 4x 500kW EWT turbines  

Location: Lincolnshire and Nottinghamshire, UK  

Acquisition: April 2014  

Commissioned: 2012-2014  

Revenues: Feed-in-Tariff (generation and export rates)