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Ancala’s Central and Eastern European EU Renewables Platform acquires new 5MW green energy plant
Transactions - SEPTEMBER 10, 2024

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Ancala’s Central and Eastern European EU Renewables Platform acquires new 5MW green energy plant

by Released

Independent infrastructure manager Ancala has added a 5-megawatt green energy plant to its Central and Eastern European EU Renewables Platform, expanding its generation capacity and increasing its footprint of biomass plants.

The platform is composed of two sites that generate renewable energy from forestry and agricultural biomass. The first investment was a 5-megawatt biomass plant in Gospić, Croatia. This site was commissioned in 2021 and has long-term feed-in tariffs and supply agreements in place. It features a wood-drying facility that increases the efficiency of the plant.

The newly acquired site, which consists of a green energy plant named Elektrana Grubišno Polje (EGP) and the adjacent drying facility named Sirocco, is located east of Zagreb, Croatia’s northwestern capital. The site is a combined heat and power (CHP) system that also benefits from long-term feed-in tariffs and supply agreements.

As part of the transaction, EGP’s existing manageme

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