BusinessESR Acquires Aquila Clean Energy APAC to Boost Renewables
ESR, an Asia-Pacific real asset owner, has signed an agreement to acquire 100% of Aquila Clean Energy APAC from Aquila Group. Aquila Clean Energy APAC manages a 1.6 GW portfolio of solar, battery storage, and wind assets across Australia, New Zealand, South Korea, Japan, and Taiwan. The acquisition will enhance ESR's renewable energy capabilities and complement its logistics and data center businesses amid rising electricity demand and carbon reduction efforts.
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