Investment Summary

Ancala Partners Invests In HS Orka

On May 23, 2019, infrastructure investor Ancala Partners invested in renewable energy company HS Orka

Investment Highlights
  • This is Ancala Partners’ 1st transaction in the Renewable Energy sector.
  • This is Ancala Partners’ 1st transaction in Iceland.

Investment Summary

Date 2019-05-23
Target HS Orka
Sector Renewable Energy
Investor(s) Ancala Partners
Deal Type Stake Purchase

Target

HS Orka

Grindavik, Iceland
HS Orka has been producing 100% renewable energy for 43 years and owns and operates two geothermal plants, Svartsengi and Reykjanes, with a combined capacity of 174MW. The company also has a 10MW hydropower plant. The company has also developed the Resource Park, a concept where companies are able to locate in proximity to HS Orka’s plants and benefit from the electricity generated as well as byproducts of the geothermal process, including water, heat, geothermal fluids and gases. HS Orka was founded in 1974 and is based in Grindavik, Iceland.

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Investor(S) 1

Investor
DESCRIPTION

Ancala Partners is an infrastructure investment firm specializing in critical, mid-market infrastructure across Europe, North America, Asia, and Oceania. Specific areas of interest include renewable energy, utilities, transport, waste management, and digital infrastructure. Ancala Partners was founded in 2010 and is headquartered in London, United Kingdom.


DEAL STATS #
Overall 5 of 15
Sector: Renewable Energy M&A 1 of 4
Type: Stake Purchase M&A Deals 1 of 4
Country: Iceland M&A 1 of 1
Year: 2019 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-16 Ancala Water Services

South Yorkshire, United Kingdom

Ancala Water Services provides water, wastewater, fire system maintenance and specialist estate management services to the MoD and customers in the MoD Estate, across more than 1,100 sites across England and Wales. Ancala Water Services was founded in 2002 and is based in South Yorkshire, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-02 Dragon LNG

Pembrokeshire, United Kingdom

Dragon LNG is a liquefied natural gas regasification terminal located in Milford Haven, Wales. Dragon LNG is based in Pembrokeshire, United Kingdom.

Buy -