Utilities

HS Orka is Iceland’s largest privately owned producer of renewable energy and has been producing 100% renewable energy for over 45 years. It owns and operates two geothermal power plants, Svartsengi and Reykjanes Power Plant on the Reykjanes Peninsula, a...

Biogen produces renewable energy and nutrient-rich fertiliser from recycling organic waste, most of which would otherwise be sent to landfill. It works with supermarkets, the hospitality industry, food manufacturers, farmers and local authorities to source and recycle organic waste. Biogen’s...

The water company has entered into an agreement with the Pig Shed Trust, a charitable trust with an excellent track record of environmental improvements, to turn agricultural areas of South Holt Farm into a sanctuary for wildlife. The land is...

The new fund (Ancala Essential Growth Infrastructure Fund) was oversubscribed and will support Portsmouth Water, Biogen and Leep Utilities only. It contains commitments from a diverse range of institutional investors from Europe, North America and Asia. Portsmouth Water is an...

Under the terms of the agreement, the CIB has committed a CAD 100 million loan for upgrades to heating and cooling systems performed by Noventa through an Energy-as-a-Service (EaaS) delivery model. Additional funding will be provided by way of private...

Tim Power and Ankur Ajmera have been promoted to Partner. Tim joined Ancala in 2015, while Ankur joined shortly afterwards in 2016. Both Tim and Ankur have played a pivotal role in identifying and completing successful investments, developing and enhancing...

Noventa is a global renewable energy company which provides a full suite of services to decarbonise the heating and cooling of buildings. It has an existing pipeline of projects across Canada, the UK and the US. Ancala has made the...

Semi AS (‘the Sellers’) are retaining a strategic interest and therefore partnering with Ancala in the future operation and development of the base. Fjord Base is Norway’s largest supply base by area and is located at Florø on Norway’s western...

The business, which has been renamed “Avincis”, provides emergency medical, firefighting and search & rescue aviation services, typically under availability-based contracts with local and national governments. It operates a fleet of over 220 aircraft, of which approximately half are owned,...

The reservoir will be the first major new water storage reservoir in the UK since the 1980s, and has been enabled by an innovative financial, regulatory, and commercial partnership between Portsmouth Water and key project stakeholders. This includes agreeing a...