Ancala Partners sells its two UK solar portfolios to Arjun Infrastructure Partners
Ancala Partners LLP (‘Ancala’), the independent mid-market infrastructure investment manager, announces the sale of its two portfolios of UK solar power plants for an undisclosed sum to funds managed by Arjun Infrastructure Partners (‘AIP’).
The portfolios comprise 21 solar parks located across the UK with a combined capacity of 97MW. Ancala structured and financed the development of the portfolios in 2016 and has since overseen their operation, including the installation of utility-scale batteries across several of the sites.
Lee Mellor, Partner, Ancala Partners, commented: “We are delighted to have led the development and operation of this high quality and diversified portfolio of solar assets. The portfolio has outperformed our business plan and will generate a significant return for our investors.”
Notes to Editors
About Ancala Partners
Ancala Partners (‘Ancala’) is an independent infrastructure investment manager focused on delivering enhanced returns from core mid-market infrastructure investments for its investors.
For more information, please visit www.ancala.com
About Arjun Infrastructure Partners
Arjun Infrastructure Partners (‘AIP’) is an independent infrastructure asset management company. AIP’s operational team offers a true partnership approach to institutional investors to access direct infrastructure investments. AIP invests and manages capital on behalf of several large institutional investors within a long-term alliance structure. As of today, AIP manages £2 billion of capital across 13 investments or platforms.
Ancala Partners LLP
Tel: +44 (0) 203 440 3518