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Amp Solar Group Receives $374M investment From The Carlyle Group


Amp Solar Group Receives $374M investment From The Carlyle Group
Amp Solar Group, Inc., a Toronto, Canada-based global energy transition platform, received a a $374m investment commitment from The Carlyle Group (NASDAQ: CG).
Equity capital for the transaction has been committed from Carlyle’s Global Infrastructure Opportunity Fund and Carlyle’s Renewable & Sustainable Energy Fund.
The investment will help catalyze the continued rapid growth of both Amp’s asset base and Amp X within its core markets of North America, Japan, Australia, Iberia and the UK.
Led by Dave Rogers, President and CEO, Amp Energy is a global renewable energy infrastructure manager, developer and owner. Since 2009, the company has 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. Its proprietary digital energy platform, Amp X, also provi ....

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Carlyle Makes $374 Million Commitment to Global Energy Transition Platform Amp Energy


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 optimi ....

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