Aquila Capital to Invest €88 Million in Green Logistics Project North in Azambuja

26 August 2019

Aquila Capital, a German fund which invests in sustainability-related assets such as renewable energy, social housing, green logistics, timber and agriculture, announced that it would develop a 115,000-m2 “green” logistics project in Azambuja – 35 km north of Lisbon. The German fund will invest approximately 88 million euros and start construction in early 2020.

Aquila stated that the logistics units will be sustainable and have photovoltaic panels installed on every roof.

Original Story: Idealista

Adaptation/Translation: Richard D. K. Turner