Utilities

Stephen founded Icosa Water (Icosa), a regulated water and wastewater business for residential and commercial developments across England and Wales, in 2016. He developed Icosa into a nationwide operator which led to the business being acquired by Last Mile Group...

The portfolio of sites will be operated by Valentra, a new company created with associates from the former division that operated the sites at Hexion. Valentra’s assets are located in Baytown, Texas; Luling, Louisiana; and Geismar, Louisiana. Valentra’s facilities are...

A complex carve-out Ancala’s acquisition was a complex carve-out which required Ancala to transition the assets from a large corporate into an independent operating entity while maintaining continuity of its operations. Ancala’s significant track record in delivering complex corporate carve-outs...

An Economic Impacts Study, commissioned by Portsmouth Water and carried out by the University of Birmingham, estimates that during the construction phase alone, the project will contribute over £50 million to the South East economy. This is including the creation...

The milestone was marked when the firm was appointed to own, maintain, and operate the clean and wastewater networks for Persimmon Homes’ Long Lands View development, in Harrogate, North Yorkshire. The new build scheme comprises over 160 one, two, three,...

New investments include Europe’s largest aerial emergency services operator Avincis and Norway’s leading supply base, Fjord Base. The infrastructure manager also provided significant follow-on funding to its portfolio companies including Portsmouth Water, to begin construction of the UK’s first major...

What are the key characteristics you look for when investing? Spence said: “The key things we look for are strong infrastructure characteristics, that is downside protection, asset backing, inflation-linkage, and a cash yield. We have delivered that through all of...

Ancala has deployed a consistent strategy since it was founded in 2010, delivering enhanced returns from investments with traditional infrastructure characteristics. The infrastructure manager’s differentiated approach focuses on sourcing bilateral investment opportunities, providing downside protection, inflation-linkage and cash yield, and...

Ancala Infrastructure Fund III contains commitments from new and existing investors to Ancala. It comprises funds from institutional investors across Europe, North America and Asia. Ancala has deployed a consistent strategy since it was founded in 2010, delivering enhanced returns...

Under the long-term PPP contract, Ancala Water Services manages boreholes, reservoirs, surface water pumping stations, sewage pumping stations, treatment works, distribution mains, oil and water interceptors, sewers and meters. A reliable owner to complete the carveout Ancala invested in the...