Ancala Partners Sells its Two UK Solar Portfolios to Arjun Infrastructure Partners

Source Press Release
Company Arjun Infrastructure Partners Limited 
Tags Asset Deals, Deals, Renewable Energy, Power
Date May 31, 2019

Ancala Partners LLP (‘Ancala’), the independent mid-market infrastructure investment manager, announces the sale of its two portfolios of UK solar powerplants 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.”

Source: EvaluateEnergy® ©2019 EvaluateEnergy Ltd