Ancala Partners

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 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...

Augean is a highly regarded leader in the specialised waste management sector, with strategically located facilities and broad customer relationships. The business also has exposure to attractive end markets and further growth opportunities, such as the growing need for responsible...

The financing package features a margin-based incentive linked to Portsmouth Water’s performance against environmental and social targets such as water leakage, supply interruptions, carbon reduction, biodiversity and affordability, actively integrating ESG metrics into the company’s financing strategy. Havant Ticket Reservoir...

The refinancing will allow Hector Rail to continue to strengthen its position as Sweden’s leading independent green electric rail freight provider, enhance the company’s growing position in Germany and support the company in expanding its existing fleet. Hector Rail was...

With installed capacity of 266 MW across eight plants, Ence Energía is the largest generator of renewable energy from agricultural and forestry biomass in Spain. The plants provide green, baseload power to the Spanish grid and benefit from Spain’s green...

Ancala acquired a majority interest in Fore Freedom and its related entities in September 2018 and through a buy-and-build strategy has helped transform the business into a leading fibre network developer, owner and operator in over 80 business parks across...