ING, AIB provide debt facility for hydroelectric firm

Green Highland Hydro, owned by sponsor Ancala Partners, will receive £51m in debt financing from the facility.

Ancala Partners has secured a £51 million (€59 million, $63 million) debt facility for one of its portfolio companies – Green Highland Hydro (GHH). Ancala acquired the company in 2015.

The facility is being underwritten by ING and Allied Irish Bank, according to an announcement from Ancala. Spokespeople for both firms did not return calls seeking additional comment by time of publication.

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