“A consortium comprising funds managed by Fiera Infrastructure Inc. (“Fiera Infrastructure”), an affiliate of Fiera Capital Corporation (TSX: FSZ), and Palisade Infrastructure Group (“Palisade Infrastructure”), have completed the joint acquisition of 100% of the equity interests in Amp US Primary Holdings Inc. (“Amp US”), a US-based renewable energy generation and battery storage business from Amp Solar Group Inc. (“Amp Energy”), a Canadian-based global energy transition platform.
Amp US is a leading developer, owner and operator of US community solar and storage projects with headquarters in Denver, Colorado. Since entering the US market in 2016, the platform has rapidly expanded its scale and currently operates a portfolio with generation capacity of approximately 200 MWDC across 39 operating or under-construction projects expected to be completed in the short term. The company’s large pipeline of solar and storage projects across existing and new US markets, including a recently-acquired 22 MWDC portfolio in New York, and experienced management team, has placed the platform in a primary position within the distributed generation market.
Amp US will now operate under the name PureSky Energy Inc. (“PureSky”). PureSky will remain deeply focused on decarbonization through the development and deployment of renewable energy projects. “Enabling equitable access to energy is core to our culture and goals. We are excited to continue to scale our platform in this new chapter with Fiera Infrastructure and Palisade Infrastructure as our partners,” said Nicole LeBlanc, PureSky’s acting President. “We are committed to developing and operating renewable projects across the country that have economic, ethical, and environmental benefits.” Additional information about PureSky can be found at www.PureSkyEnergy.com.”
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AMP Energy 12 June 2023.