” Global investment firm The Carlyle Group (NASDAQ: CG) today announced a strategic growth investment through a $374 million commitment to Amp Solar Group, Inc. (“Amp Energy” or the “Company”), a Canadian-based global energy transition platform.
Amp Energy is a global renewable energy infrastructure manager, developer and owner. Since 2009, the Company has successfully developed over 1.8 gigawatts of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects, and stand-alone battery storage projects around the world. Amp Energy’s proprietary digital energy platform, Amp X, also provides a diverse portfolio of disruptive and interoperable solutions, including a state-of-the-art smart transformer, that enable real-time autonomous management and optimized dispatch of all forms of distributed generation and loads across the grid. The Carlyle investment will help catalyze the continued rapid growth of both Amp’s asset base and Amp X within its core markets of North America, Japan, Australia, Iberia and the UK.”
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Amp Solar Group, Inc. PR Newswire 6 January 2021.