Ancala makes two new appointments

Ancala Partners (‘Ancala’), an independent mid-market infrastructure investment manager, has added to  its infrastructure asset management and investment teams with two new appointments.

Ancala has appointed Charles Herriott as Asset Manager to assist in the active management of existing investments in Ancala’s portfolio. He joins from DIF where he was an Asset Manager for a portfolio of 12 PPP and renewable energy assets. He has strong skills in managing infrastructure projects through participating on project company boards and building close relationships with their management teams, co-shareholders and other stakeholders. He has also worked for Amber Infrastructure, Ernst & Young and Smith & Williamson. He has a BA in Classics from University College London and is a qualified chartered accountant.

Christopher Lee-Evans has been appointed as an Analyst in the investment team. Previously he worked for Equinox Energy Capital covering the renewable energy sector and participating in every stage of the investment cycle from origination, financing, construction and asset management. He has a first-class honours degree in Engineering, Economics and Management from Oxford University.

Spence Clunie, Managing Partner, Ancala Partners, commented: “Charles and Christopher bring additional experience in infrastructure asset management and investment to Ancala. They are valuable additions to our team as we continue to grow our portfolio of investments.”

Ancala launched its Mid-Market Infrastructure Platform in February 2016 to meet the requirements of long-term investors looking for enhanced returns from core mid-market infrastructure investments.

Ancala has made several  announcements this year, including the acquisition of Biogen, an owner and operator of anaerobic digestion plants; completion of the first portfolio-scale deployment of batteries co-located on solar parks in the UK; a 50% investment in independent multi-utility operator Leep Utilities; and the raising of a £51 million debt facility for Green Highland Hydro (‘GHH’).