ESR has agreed to acquire 100 percent of Aquila Clean Energy APAC, a clean-energy platform that develops, owns and operates solar, battery storage and wind assets across the region, from Aquila Group.
Aquila Clean Energy APAC has a 1.6-gigawatt portfolio of operational, construction and advanced development assets in the key markets of Australia and New Zealand, South Korea, Japan, and Taiwan. The platform complements ESR’s regional footprint and offers strong adjacencies with its logistics real estate and data center businesses.
“ESR has entered its next phase of growth with a clear focus on the sectors that underpin resilient supply chains, digital economies and long-term economic development,” said Phil Pearce, president of ESR. “As demand for logistics infrastructure, data centers and power becomes increasingly interconnected, we see significant opportunities at the intersection of these sectors, with energy infrastructure becoming an increasingly compellin