Gorilla Technology Secures FCA Approval to Launch $2–3 Billion Capital Platform
The UK Financial Conduct Authority has approved Gorilla Technology’s change of control for Shackleton Finance, satisfying the key regulatory condition to close the acquisition and rebrand it as Gorilla Tech Capital. Gorilla will use the FCA-regulated platform to structure SPVs for non-dilutive funding of its AI infrastructure pipeline, targeting $2–3 billion of assets under management by end-2027.
1. FCA Approval and Acquisition Completion
The Financial Conduct Authority’s change of control consent clears the only remaining regulatory hurdle for Gorilla Technology’s acquisition of Shackleton Finance. The transaction is expected to close in the near term, after which Shackleton Finance will be renamed Gorilla Tech Capital and operate as Gorilla’s regulated capital arm.
2. Launch of Regulated Capital Platform
Gorilla Tech Capital will combine Shackleton’s FCA-authorised AIFM status and fund management capabilities with Gorilla’s project origination strengths. The existing senior management team will remain in place to ensure regulatory continuity and stewardship of current funds.
3. SPV Financing Model and AUM Targets
Through special purpose vehicles, Gorilla Tech Capital will co-invest alongside institutional partners in AI data centres, GPU-as-a-Service programs and sovereign infrastructure projects. This non-dilutive model is designed to accelerate delivery across Gorilla’s pipeline while targeting $2 billion to $3 billion of funds under management by the end of 2027.