Key Takeaways
- • Stonepeak announced a strategic investment in AMPYR Distributed Energy (ADE), a UK and Europe-focused distributed energy asset developer and operator, as part of a broader partnership with AGP Sustainable Real Assets, its Singapore-based parent company.
- • The initial capital commitment to AMPYR Distributed Energy totals up to £100 million for developing, funding, owning, and operating sustainable energy assets for commercial and industrial clients across the UK and Europe.
- • AMPYR Distributed Energy secured $229 million in debt financing, with Stonepeak Capital Markets serving as exclusive financial advisor to the platform on the transaction.
- • The investment aligns with Stonepeak's core infrastructure and real assets mandate, providing access to energy transition opportunities in distributed generation, battery energy storage systems (BESS), and solar PV across established European markets.
- • AGP's portfolio spans multiple sustainable infrastructure verticals including energy transition, logistics, community housing in India, and a data center joint venture with Stonepeak portfolio company Digital Edge, positioning the partnership to accelerate AGP's growth across geographies and asset classes.
Summary
The partnership carries substantial financial backing. Stonepeak committed up to £100 million in initial capital to AMPYR Distributed Energy to develop, fund, own, and operate sustainable energy assets serving commercial and industrial clients. Additionally, AMPYR Distributed Energy closed $229 million in debt financing to support its growth trajectory, with Stonepeak Capital Markets providing exclusive financial advisory services on the transaction and Watson Farley Williams serving as legal counsel.
AGP Sustainable Real Assets brings over 20 years of experience in developing, constructing, and operating sustainable infrastructure assets. The partnership benefits both parties: Stonepeak gains access to new markets and sectors through a trusted local operator with proven execution capabilities, while AGP gains strategic capital and expertise to accelerate growth across its portfolio verticals. These verticals span energy transition (including AMPYR's distributed energy platform and AMPYR Tech's solar PV and battery energy storage capabilities), logistics, community housing infrastructure in India, and a data center joint venture with Digital Edge, a Stonepeak portfolio company. Hajir Naghdy, Senior Managing Director at Stonepeak, emphasized the strategic alignment, noting that AGP's global energy transition portfolio and infrastructure platforms directly correspond with Stonepeak's core investment verticals and provide meaningful diversification across geographies and asset classes within the sustainable infrastructure ecosystem.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.