15 March 2022

Aquila European Renewables Income Fund plc

Capital Markets Day

Aquila European Renewables Income Fund plc (LON:AERI) will hold a Capital Markets Day for analysts and professional investors on Tuesday 29^th March 2022 in the City of London.

The event will begin at 12:30 with the opportunity to meet and greet the Investment Adviser and AERI board. Formal presentations will begin at 13:00 with attendees invited to ask questions before the event closes at 16:15.

The event will include formal presentations held by the CEO of Aquila Capital, as well as the heads of the origination, markets management group, and asset management teams. AERI managers will review performance and highlight areas of opportunity for the listed fund.

For inquiries, please contact via email: CMD-AERI@aquila-capital.com

Ends

For further details contact:

Media contacts:

Edelman Smithfield

Ged Brumby | 020 3047 2527

Kanayo Agwunobi | 020 3047 2126

Sponsor, Broker and Placing Agent

Numis Securities 020 7260 1000

Tod Davis

David Benda

Vicki Paine

NOTES

Aquila European Renewables Income Fund plc ("AERIF" or the "Company") is a London-listed renewable energy infrastructure investment company with the aim to provide investors with an attractive long-term, income-based return in EUR through a diversified portfolio of hydropower, onshore wind and solar PV investments across continental Europe and Ireland. Through the diversification of generation technologies, the seasonal production patterns of these asset types complete each other to balance the cash flow, while the geographic diversification serves to reduce exposure to one single energy market.

Further details can be found on AERIFs website at www.aquila-european-renewables-income-fund.com.