Ancala has announced the final close of Ancala Infrastructure Fund III at EUR 1.4 billion (USD 1.5 billion).

Ancala Infrastructure Fund III has secured commitments from both existing and new investors associated with Ancala. The fund encompasses contributions from institutional investors situated in Europe, North America, and Asia. As of now, Ancala's Fund III has successfully executed three investments, namely, Avincis (Europe's largest aerial emergency services provider), Fjord Base (a prominent Norwegian supply base), and Noventa (a specialist in decarbonized heating and cooling). Ancala, with a total Assets under Management (AuM) exceeding EUR 4 billion (USD 4.2 billion), manages a portfolio of 18 assets operating in critical infrastructure sectors, including renewable energy and energy transition, transport, utilities, and the circular economy. Additionally, Ancala has accomplished the raising of its GBP 551 million (USD 692 million) Growth Fund, completed six investments with a collective enterprise value exceeding EUR 700 million (USD 752 million), and expanded its workforce by over 20%.