Business
Appointment of Rothschild
Appointment of Rothschild.
About this update from Aquila European Renewables Plc Registered
[{"type":"text","content":"\n\nAquila European Renewables plc\n \nAppointment of Rothschild & Co to support the Managed Wind-Down process\n \n24 October 2024\n \nAquila European Renewables plc (\"AERI\" or the \"Company\") announced on 30 September 2024 that resolutions in relation to the Discontinuation of the Company as a closed ended investment company with its current Investment Policy and amendment of the Company's Investment Policy to enter a Managed Wind-Down were passed.\n \nAs previously announced, it has been the Board's intention to appoint a third party, other than the Investment Adviser, to oversee the sale of the Portfolio as part of the managed wind down process, which may comprise of a sale of all of the assets, groups of assets (such as specific geographic or technological portfolios), individual assets of the Company or a combination thereof.\n \nThe Board of the Company has now appointed Rothschild & Co as the Company's financial adviser in this regard.\n \nA further announcement in relation to the Managed Wind-Down process will be announced in due course.\n \nEnquiries:\n \n\n\n\n\nDeutsche Numis (Financial Adviser and Broker)\nDavid Benda\nGeorge Shiel\n\n\n020 7260 1000\n\n\n\n\n\n\n\n\n\n\n\n\nApex Listed Companies Services (UK) Limited (Company Secretary)\n\n\n020 3327 9720\n\n\n\n\n \nLEI: 213800UKH1TZIC9ZRP41\n \nEND\n\n","length":3404,"tagName":"div"}]