Stonepeak Invests in AMPYR Distributed Energy Platform

Stonepeak, a major player in alternative investments focused on infrastructure, has injected significant equity into AMPYR Distributed Energy (ADE), a platform dedicated to developing and operating onsite renewable energy solutions for commercial and industrial clients across the UK and Europe. This strategic capital infusion is set to accelerate ADE's ambitious growth plans and bolster its project pipeline, which already stands at over 1 gigawatt (GW).

The investment marks a pivotal moment for ADE, which was established in 2024 with backing from AGP. While Stonepeak now takes a leading investor role, AGP will maintain a continued stake in the venture. ADE has already secured 250 megawatts (MW) of renewable energy projects across 200 distinct sites, demonstrating a strong track record in delivering tangible decarbonization and cost-saving solutions for businesses seeking greater energy autonomy.

Hajir Naghdy, Senior Managing Director at Stonepeak, highlighted the increasing corporate demand for reliable, distributed energy sources in Europe. "Businesses across Europe are actively seeking to gain control over their energy expenditures, enhance supply chain resilience, and meet their decarbonization targets," Naghdy stated. "Given ADE's proven development capabilities, its diverse asset base, robust cash flow generation, and a substantial pipeline of actionable projects, we are convinced it is exceptionally well-positioned to capitalize on these powerful market trends."

The distributed energy sector is experiencing robust expansion, driven by corporate sustainability mandates and the pursuit of energy independence. With approximately $93 billion in assets under management, Stonepeak's involvement provides ADE with not only substantial financial backing but also invaluable operational expertise. This partnership is expected to empower ADE to aggressively pursue new development opportunities and scale its operations efficiently throughout its target geographies.

John Behan, CEO of AMPYR Distributed Energy, expressed enthusiasm for the new partnership. "This investment from Stonepeak is a significant validation of ADE's operational success and its rapidly growing scale," Behan commented. "Their deep infrastructure knowledge, long-term investment horizon, and operational acumen provide an unparalleled foundation for our next phase of expansion. We are eager to leverage this support to meet the surging demand for affordable, dependable renewable energy solutions."

The transaction, anticipated to conclude shortly, underscores the growing investor appetite for assets that facilitate the energy transition. AGP, through its Partner and Co-Head of Energy, Brad Hopkins, welcomed Stonepeak's participation, emphasizing a shared belief in ADE's long-term potential. "Distributed energy represents a dynamic and rapidly evolving market segment with immense potential across the UK and Europe," Hopkins noted. "We are delighted to continue our collaboration with the ADE team alongside Stonepeak as they embark on this exciting new chapter."