Stonepeak backs AMPYR Distributed Energy to expand across UK, Europe
What's the deal? Stonepeak has made an equity investment in AMPYR Distributed Energy (ADE)Dealroom has a profile for this one. Try Dealroom →, a UK and Europe distributed energy platform launched in 2024 with AGP. AGP will retain an interest in the company. The transaction is expected to close in the coming days.
What's the endgame? ADE funds, builds, owns, and operates onsite renewable energy infrastructure for commercial and industrial customers. It has contracted 250MW of projects across 200 sites, with a pipeline of over 1GW.
Why now? "Businesses across Europe are moving to take control of their energy, cutting costs, securing supply and decarbonising operations," said John Behan, chief executive officer of ADE. He added the investment gives the company "the firepower to meet that demand at scale."
Who's backing it? Stonepeak, an infrastructure and real assets firm with roughly $93 billion under management, is leading. It cited ADE's "diversified portfolio, strong cashflow, and actionable pipeline" as reasons for its confidence, according to senior managing director Hajir Naghdy.
Stifel advised ADE. AshurstDealroom has a profile for this one. Try Dealroom → Perkins CoieDealroom has a profile for this one. Try Dealroom → acted for Stonepeak, and Corrs Chambers WestgarthDealroom has a profile for this one. Try Dealroom → for AGP.
The signal: Distributed energy is drawing large infrastructure investors as European firms seek secure, cheaper supply. Stonepeak's backing signals confidence that onsite renewable platforms can scale into a lasting asset class.
