Last week, Ancala’s 2023 AGM took place in Reykjavík, Iceland. This was the first time we have hosted an AGM outside of London since the pandemic.

It was fantastic to spend quality time with so many of our valued investors.

The Ancala team – supported by a number of our portfolio company CEOs – provided detailed updates on our investment strategy, fund performance and deep-dive insights into the performance of our portfolio. The CEO roundtable discussion and Q&A with Ancala’s Partners provided an honest and open account on current performance and the opportunities ahead.

We also held a site tour at our portfolio company, HS Orka, Iceland’s leading privately owned renewable energy generator. The visit – hosted by HS Orka CEO Tómas Már Sigurðsson – provided investors with a clear picture of how the company uses technologies and strategies to harness renewable geothermal energy to power businesses and homes across Iceland.

And, of course, it wouldn’t have been a trip to Iceland without a visit to the iconic Blue Lagoon.

Despite the gale-force winds and blizzard-like conditions, the Ancala AGM was a real success and helps demonstrate how we deliver infrastructure investment differently.

Thanks to everyone who made the time and effort to join us. We’re already looking forward to next year’s!


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