Carlyle Makes $374 Million Commitment to Global Energy Transition Platform Amp Energy
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WASHINGTON
and TORONTO, Jan. 6, 2021 /PRNewswire/ - Global investment firm The Carlyle Group (NASDAQ: CG) today announced a strategic growth investment through a $374 million commitment to Amp Solar Group, Inc. ( Amp Energy or the Company ), a Canadian-based global energy transition platform.
Amp Energy is a global renewable energy infrastructure manager, developer and owner. Since 2009, the Company has successfully developed over 1.8 gigawatts of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects, and stand-alone battery storage projects around the world. Amp Energy s proprietary digital energy platform, Amp X, also provides a diverse portfolio of disruptive and interoperable solutions, including a state-of-the-art smart transformer, that enable real-time autonomous management and optimized dispatch of al