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Announced

Completed

Ancala Partners completed the acquisition of Noventa Energy Partners.

Financials

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Transaction Value-
Consideration TypeCash
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Tags

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Cross Border

Acquisition

renewable energy

Private

Single Bidder

Completed

Alternative Fuels

Canada

Friendly

Majority

Synopsis

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Ancala Partners, an investor in critical infrastructure, completed the acquisition of Noventa Energy Partners, a global renewable energy company. Financial terms were not disclosed. “Noventa was founded with a clear mission to decarbonise buildings through disruptive innovation. Our special relationship with HUBER with respect to its ThermWin technology was the first step toward that mission. This investment by Ancala represents the second," Dennis Fotinos, Noventa Founder and CEO.

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