Ancala Partners, an independent infrastructure manager, has acquired Solandeo, a prominent smart meter owner and operator based in Berlin, Germany. Travers Smith, a long-standing advisor to Ancala, provided legal counsel on the cross-border transaction. Solandeo, established in 2014, offers comprehensive smart metering solutions, including procurement, installation, operation, and maintenance. The company works with major energy providers such as 1KOMMA5, Sonnen, and Enpal. Ancala’s investment aims to bolster Solandeo’s market presence by accelerating its substantial order book and fostering new customer relationships. As part of the acquisition, Solandeo secured an expanded partnership with its largest customer, 1KOMMA5.

Infrastructure Investment, Smart Metering, Energy,Germany, United Kingdom

https://www.traverssmith.com/knowledge/knowledge-container/travers-smith-advises-ancala-partners-on-solandeo-acquisition/