AMPYR Solar Europe

Energy news and insights

| 13.07.23
AMPYR Solar Europe And Asahi Europe & International Sign PPA For Dutch Drinks Production
read article
[London, Maastricht – July 13th 2023] AMPYR Solar Europe and Royal Grolsch under Asahi Europe & International (AEI) have announced the signing of a new multi-year virtual Power Purchase Agreement (PPA), providing renewable energy for the production of their beers in the Netherlands. Grolsch will offtake power production for a multi-year period from a portfolio of solar parks currently being constructed by AMPYR Solar Europe in the Netherlands, with total capacity of more than 22MWp. For AMPYR Solar Europe, the deal highlights the company’s position as one of the fastest-growing Independent Power Producers (IPPs) in Europe. The partnership with a globally recognised brand demonstrates the central role AMPYR Solar Europe can play, using its wealth of experience in the renewable energy and power markets to help companies meet their net zero ambitions. Stephen Mason, Chief Commercial Officer for AMPYR Solar Europe, said: "AMPYR Solar Europe has developed a significant pipeline of solar assets across the Netherlands, which we will build out over the coming years. Corporate PPAs have an important role to play in our delivery strategy. We are proud to be able to assist sustainability-focused organizations such as Asahi to further decarbonize their operations and support the energy transition in the Netherlands. AMPYR Solar Europe has developed a strong commercial offering in the Dutch market where we are able to work with partners such as Asahi to offer innovative solutions including physical and virtual PPAs and bespoke products that provide optionality to our partners." For Asahi Europe & International, the transaction supports its wider sustainability ambitions to be carbon neutral across all its European breweries by 2030 and promotes additionality in its markets. Paolo Lanzarotti, CEO Asahi Europe & International said: “This latest agreement providing dedicated renewable energy for our brewery in the Netherlands marks another important step forward and significant commitment towards our Legacy 2030 goal of becoming carbon neutral in all our breweries by 2030 and across our wider supply chain by 2050. Now more than ever, and together with our partners we are committed to creating meaningful connections with people and the planet”. AMPYR Solar Europe has recently expanded its portfolio of assets in northwest Europe after acquiring 390MWp from Tyler Hill in the UK as well as securing €200 million of project finance from Rabobank to construct up to 350MWp of solar farms across the continent. As a result of these recent deals, the company now has a development pipeline of over 2GWp in the Netherlands, and an aggregate pipeline of close to 7GWp including Germany and the UK. About AMPYR Solar Europe Headquartered in London, with offices in Maastricht, Utrecht, Frankfurt and Berlin, AMPYR Solar Europe is an Independent Solar Developer and IPP with in-house end-to-end capability across Asset Development, Financing, Construction, Operations and Power Sales. AMPYR Solar Europe’s unique platform benefits from a highly experienced sponsor group: AGP Sustainable Real Assets brings extensive experience in establishing and operating GW scale renewable platforms; Hartree Partners’ cutting edge power trading analytics and zero-carbon solutions; as well as NaGa Solar’s in-depth local knowledge and land development capability. For more information, visit: About Asahi Europe & International Asahi Europe & International is the international branch of Asahi Group Holdings, a global beverage and food company listed on the Tokyo Stock Exchange, Japan. It is the outcome of years of acquisitions, which allowed Asahi Group Holdings, a traditional Japanese producer of beer, whiskey and wide range of food products, to establish and strengthen its business in Europe and around the globe. As of 2020, the business is established under the Asahi Europe and International organization. Building on centuries of European brewing heritage, the business runs 19 production facilities in 8 countries across Europe, and is the custodian of some of the best beer brands in the world, including Asahi Super Dry, Pilsner Urquell, Peroni Nastro Azzurro, Grolsch and Kozel. Within the Asahi Group, the remit of Asahi Europe and International is also to develop and manage all export markets globally, outside of Japan and Oceania. Covering 90 markets and with over 10,000 passionate colleagues on board, through our shared purpose of Creating Meaningful Connections, the business is well positioned to inspire people around the world to drink better. For more information, visit: [sz-button title="Download Press Release" url="" target="_blank"]
| 22.06.22
AMPYR and BELECTRIC execute framework agreement to install 200 MWp of solar projects in Germany
read article
[22nd June 2022]
  • Agreement for construction of solar projects with total capacity of 200 MWp signed between AMPYR Solar Europe (ASE) and BELECTRIC
  • Solar farms to be set up in Brandenburg are developed by ASE, with EPC works to be executed by BELECTRIC
  • BELECTRIC and AMPYR Energy’s Global Centre of Excellence New Delhi to collaborate on engineering design and supply chain management for these projects
Kolitzheim (Germany) / London (United Kingdom) – AMPYR Solar Europe (ASE) and BELECTRIC agree to install a pipeline of more than 200 megawatts (MW) of solar capacity in Germany. The first power plants to be constructed are located in Brandenburg, Germany. AMPYR and BELECTRIC signed a framework agreement to construct a pipeline of several large-scale projects in Germany within the next two years. “We are pleased to have a strong partner like BELECTRIC who brings in extensive experience in large-scale solar plant construction, operations & maintenance. We are particularly excited about collaboration in engineering and supply chain management within teams at BELECTRIC and AMPYR’s Global Technical Centre (AMPYRTech), to bring in the latest solar PV technology, while at the same time navigating the supply chain volatility“, says Tarun Agrawal, Partner at AGP Group (AMPYR Energy). Two of the solar farms to be constructed are located in Brandenburg. The largest solar farm will have an installed capacity of 85 MWp. The second plant will consist of six sub areas which together make for a total capacity of 65 MWp. This project is especially challenging as a 25 km long line as well as a substation need to be built. Construction works for the two solar farms are expected to begin by the end of the year 2022. Dr. Thorsten Blanke, CEO of BELECTRIC GmbH, explains: “Our framework agreement with AMPYR is a great basis to implement further German projects in the future. We are delighted to expand our collaboration.” AMPYR Solar Europe brings together AGP’s experience in developing large-scale renewable power projects, Hartree’s cutting edge power trading analytics and zero carbon solutions with NaGa’s in-depth local knowledge and land development prowess. Combining these complementary skills will speed up the build out of solar capacity and offers an attractive opportunity for institutional investors to deploy in excess of €1 billion of capital and generate a reliable, long-term income. BELECTRIC is one of Europe's leading EPC service providers in the development, construction and operation of solar power plants. The solar energy specialist looks back on more than 20 years of experience in power plant construction and has built over 4 gigawatts of capacity worldwide. BELECTRIC is a member of Elevion Group. Elevion Group BV is one of Europe’s leading energy service providers in the field of modern energy solutions that focus on sustainability and climate neutrality. Elevion Group belongs among Germany’s market leaders in this segment. The group currently is comprised of approximately 60 consolidated companies and employs more than 4,700 people in twelve countries – in addition to Germany, these include the Netherlands, Austria, Italy, Hungary, Poland, Romania, and China.
| 11.03.22
AMPYR Solar Europe signs deal with Edinburgh Airport to develop solar farm, battery and electric vehicle infrastructure
read article
AMPYR Solar Europe (ASE), a pan-European solar developer, and Edinburgh Airport Limited today announce the signing of a deal to develop a new solar farm linked with battery technology and electric vehicle charging infrastructure at Scotland’s busiest airport. Under the agreement, ASE along with its local construction partner, Absolute Solar & Wind will build approximately 9MW of solar PV, 1.5MW of battery storage and 40 EV charging points. The large ground-mounted solar PV system and battery will be situated next to the runway on a 16-acre plot of land, connected to the airport via a high voltage private wire network. The development will be a cornerstone of Edinburgh Airport’s goal to achieve Net-Zero by 2040 by generating clean, renewable energy that will cover about 30% of the airport’s total consumption. “Our commitment to a net zero future is underpinned by the various strands of work we have going on across the airport as part of our Greater Good sustainability strategy and one of the most visible projects will be this solar farm,” said Gordon Dewar, Edinburgh Airport’s Chief Executive. “We are happy to confirm our partners in this exciting step and our collaboration will enable us to implement this technology and allow us and Scotland to benefit from it as soon as possible.” The project is in the late stage of design, with construction planned to start this summer and be fully operational by the start of next year. “We are really pleased to be partnering with Edinburgh Airport on this important step towards a net-zero future and in support of its impressive “Greater Good” sustainability strategy,” said Andrew Gould, Executive Chairman of ASE. “Edinburgh Airport’s leadership shows a way forward to zero carbon for the airport sector. This is the first of ASE’s five renewable energy projects in Scotland to reach the delivery stage: the commitment and support of the Scottish Government and its strong policy position on climate change is clearly attractive to international investment.” Edinburgh Airport will purchase the power produced by the solar farm through a long-term Power Purchase Agreement with ASE. This PPA will generate long-term energy and carbon savings for the airport. “We are delighted to support Edinburgh Airport with its ongoing drive to reduce its carbon impact,” said Matthew van Staden, Senior PPA Originator at Hartree Partners. “Through our expertise within Hartree and AMPYR Solar Europe, we can drive and deliver innovative energy solutions for companies within energy-intensive sectors. Our understanding of sustainable generation and commercially viable strategies in this space helped bring this project to life for Edinburgh Airport.” The construction is further supported by the Scottish Government’s Low Carbon Infrastructure Transition Programme, which have provided a grant for a portion of the capital expenditure. “We are proud to be delivering this pioneering project and helping to decarbonise Edinburgh Airport alongside our funding partners ASE and the Edinburgh Airport project team,” said Tom Newall, Managing Director at Absolute Solar & Wind. “The co-location of utility scale battery storage and solar PV has enabled us to maximise the green energy generation on site whilst working with the grid connection constraints. We look forward to entering the construction phase before progressing to carry out the operation, maintenance and optimisation of the system, as it generates clean power for years to come, providing energy security for a major, Scottish transport hub.” About EAL Edinburgh Airport is Scotland’s busiest airport, welcoming more than 14.7 million people through the doors in 2019. It is also the 6th busiest airport in the UK. As the place where Scotland meets the World, we fly to more than 150 destinations and work with 40 airlines to welcome people to Scotland and take Scotland to the world. Edinburgh Airport is owned by Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor. About AMPYR Solar Europe Headquartered in London and Maastricht, AMPYR Solar Europe (“ASE”) was created through the merger of NaGa Solar with the existing Ampyr Energy UK solar joint venture between AGP and Hartree Partners, to create a major European Solar Enterprise with a combined pipeline of over 5GW of large-scale solar projects in the UK, Germany and the Netherlands. ASE brings together AGP’s experience in developing large-scale renewable power projects, Hartree’s cutting edge power trading analytics and zero-carbon solutions with NaGa’s in-depth local knowledge and land development capability. Combining these complementary skills will speed up the build out of solar capacity and offers an attractive opportunity for institutional investors to deploy capital. About Hartree Partners Hartree Partners is a global energy and commodities trading company, with decades of experience in the physical and financial energy and commodities markets. Hartree is at the forefront of finding investment solutions, consulting, and generating sustainable and commercially viable strategies for energy renewal and regeneration. The company has an extensive portfolio including midstream natural gas, oil assets, power generation, renewables, and environmental products. Hartree’s rigorous research, analytical approach, and entrepreneurial culture have contributed to its strong track record and growth. About Absolute Solar & Wind Absolute Solar and Wind is a leading renewable energy solutions specialist providing design, installation and maintenance services for commercial, industrial and utility energy projects, primarily in the solar sector. Established in 2007, the business is headquartered in Loch Lomond, Scotland, but serves customers and projects throughout the UK. Absolute focuses on integrating commercial scale renewable generators to supply on site loads for high energy users. This involves working on sensitive and secure live sites with complex grid connection or private wire arrangements. About LCITP funding The project benefits from receiving a grant from the Low Carbon Infrastructure Transition Programme (LCITP) that supports Scotland’s transition to a low-carbon economy. The programme endeavours to create the conditions that attract commercial investment in innovative low-carbon infrastructure projects. It also aims to contribute towards reducing Scotland’s greenhouse gas emissions. arbon-infrastructure-transition-programme/ [sz-button title="Download Press Release" url="" target="_blank"]  
| 16.02.22
AMPYR Solar Europe secures €400 million from CarVal Investors to develop and construct pipeline of European Solar Assets
read article
[London, 16 February 2022] AMPYR Solar Europe LP (“ASE”), a pan-European solar IPP established by AGP Sustainable Real Assets, Hartree Partners and NaGa Solar, today announced the closing of a € 400 million facility with CarVal Investors to support ASE’s plans to bring over 2GW of solar power capacity into operation by 2025. “One year after its inception, we couldn’t be more proud to have reached this key milestone in ASE’s journey to become a leading European solar IPP,” said Andrew Gould, Executive Chairman of ASE. “With the support of CarVal as our capital partner, we are on a steady path to turn our fast-progressing pipeline into a portfolio of large-scale solar power producing assets, that will contribute meaningfully to Europe’s energy transition.” CarVal has made available an initial tranche of € 250 million as well as a further incremental tranche of € 150 million. This facility will predominantly cover the construction costs of solar assets as well as providing some  development capital and operational expenses. The initial focus will be on sites in Germany, Netherlands, and the UK with the facility having the potential to extend to other European jurisdictions as well as allowing for funding of energy storage projects. “We are excited to have ASE as one of our partners as we expand our footprint in the rapidly evolving clean energy transition,” said Jonathan Hunt, Managing Director at CarVal Investors. “We view the breadth of skills and track record of the team as market leading and look forward to funding their growth. The capital-intensive nature of the clean energy transition means that partnerships like this remain one of the largest opportunity sets for CarVal.” ASE expects to break ground on its first projects in the second quarter of this year and be operational by the end of the year. By 2025, once fully deployed, the generating portfolio is expected to be among some of the largest utility scale solar platforms in Northern Europe. “This transaction is yet another testament to the increasing investor engagement on the climate crisis, which cannot be resolved without massive private capital contribution,” said Elmahdi Tahri, AGP Partner and Global CIO of AMPYR Energy. “We are pleased to partner with CarVal Investors to help accelerate the transition to a zero-carbon Europe, and look forward to replicating this model across AMPYR Energy’s renewable platforms globally.” The recent gas crisis in Europe has highlighted the urgent need for more renewable energy sources to reduce the continent’s dependency on gas and other fossil fuel sources. This initial 2GW development forms a significant part of ASE’s overall ambition to roll out 5GW of large-scale solar projects in Northwest Europe. “Volatile and competitive power markets increasingly require solar developers to optimise between long-term power purchasers, the grid and storage assets,” said Abraham Kozhipatt, Partner and Co-Head of Renewable Infrastructure Assets at Hartree Partners. “ASE combines the partners’ strengths in asset development and merchant market risk management and we are delighted that CarVal recognise and support our strategy.” Akereos Capital acted as sole bookrunner, structurer and exclusive debt advisor to AMPYR that was also advised by Reed Smith (legal). CarVal was advised by Norton Rose Fulbright (legal), ARUP (technical) and Baringa Partners (commercial). [sz-button title="download press release" url=""]

Other Articles

AMPYR Solar Europe and Multiplex Sign PPA for Solar Power Station in Norfolk
Read article
AMPYR Solar Europe Acquires 390 MW UK Solar PV Portfolio From Tyler Hill
Read article
AMPYR Solar Europe secures €200M Project Finance Facility From Rabobank
Read article
AMPYR Solar Europe Acquires SolarEnergyWorks to establish a leading position in the Dutch solar market
Read article
Video Press Q&A - AMPYR Solar Europe Announcement
Read article
AGP Joins Forces with Hartree Partners and NaGa Solar to Develop Major Solar Enterprise
Read article