LONDON: * Aquila European Renewables Income Fund has acquired 25.9% of the share capital in Midfjellet Vindkraft AS, one of Norway's largest operating wind farms, it said on Friday.* The value of the acquisition was not disclosed.
* Revenues will come from a power purchase agreement which covers 70% of expected energy production for the next 10 years, the fund said.
* Aquila has now invested around 40% of proceeds raised from its initial public offering on the London Stock Exchange in May, it added.