Ancala acquires Akuo’s biomass CHP plant in Croatia

September 15, 2024 |

In Croatia, Balkan Green Energy News reported that UK-based infrastructure management company Ancala has acquired a 5 MW biomass facility in Croatia from renewable energy firm Akuo.

At the end of March, Akuo had a total capacity of 1.8 GW in operation or under construction and a project pipeline of over 20 GW, according to the report.

Ancala said it added a 5 MW green energy plant to its Central and Eastern European EU Renewables Platform. The platform comprises two facilities that generate renewable energy from forestry and agricultural biomass.

The first investment was a 5 MW biomass plant in Gospić, Croatia. Commissioned in 2021, it has long-term feed-in-tariffs and supply agreements in place. The unit features a wood-drying facility which increases the efficiency of the plant.

The report also noted that Ancala now acquired a green energy plant named Elektrana Grubišno Polje (EGP) and an adjacent drying facility named Sirocco, located east of Zagreb.

The financial terms of the transaction were not disclosed.

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Category: Fuels

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