AMPYR Distributed Energy secures $194 million debt financing for European expansion

Source: Power Technology Author: Anwesha Pattanaik

UK-based AMPYR Distributed Energy (ADE) has secured €170 million ($194 million) in debt financing from existing funding partners Crédit Agricole CIB and Franklin Templeton's Benefit Street Partners (BSP) to accelerate its European expansion.

Purpose of the Financing

The new facilities are designed to support:

• Continued expansion of the company's distributed renewable energy assets
• Strategic acquisitions across Europe

Recent Developments

The latest funding agreement follows ADE's recent acquisition of a 70MW portfolio in Europe from TotalEnergies. The financing is intended to reinforce the company's position in the distributed energy sector, enabling further growth and portfolio expansion across multiple European markets.

Company Profile

ADE develops, operates, and owns on-site renewable energy infrastructure for industrial and commercial clients, funding projects through long-term power purchase agreements.

Executive Commentary

John Behan, CEO of ADE, stated:

"This financing represents another significant milestone in our growth journey and demonstrates the continued confidence that Crédit Agricole CIB and Franklin Templeton's BSP have in our strategy, our team and our long-term vision. Demand for on-site energy continues to grow as businesses look for greater certainty, resilience and control over their energy costs. With the backing of our funding partners, we are well positioned to help more organisations turn energy into a long-term strategic asset."

Will Devenney, Head of Franklin Templeton's BSP Infrastructure Debt, commented:

"We are delighted to continue supporting ADE's growth and future expansion in Europe. This is a particularly compelling and mature infrastructure market – with huge investment need supported by robust government support and frameworks, and long-term contracts."

Client Impact

ADE says the new funding will allow more commercial and industrial clients to access fully funded on-site energy solutions, with a focus on:

• Reducing costs
• Improving resilience
• Advancing decarbonisation initiatives

Related Activity

In February 2026, Ampyr Solar Europe acquired the East Yorkshire Solar Farm project in the UK from BOOM Power. The project is expected to have a capacity exceeding 530MW-peak and generate enough electricity to supply approximately 100,000 homes.

This article was originally created and published by Power Technology, a GlobalData owned brand.