“Fiera Infrastructure and Palisade Infrastructure Group complete the acquisition of Amp US, a leading renewable energy and battery storage platform.
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. “
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Batteries News 13 June 2023.