On the 11th October, 2018, Amp announced that it had closed C$200 million (US$150 million) in capital led by Colorado-based ZOMA Capital in order to continue the development, acquisition and build out of renewable energy infrastructure assets in its core global markets.
Since its foundation in 2009, Amp has successfully grown a portfolio of over 700MW of distributed generation and utility scale energy projects. This growth is set to be continued with a development pipeline of over 2GW of projects in North America, Japan, Australia and India, some the world’s most attractive power markets.
“We are very pleased to partner with ZOMA Capital to continue to drive our growing development platform,” said Dave Rogers, President and CEO of Amp. “This financing validates our position as a market leader, and will allow us to accelerate our growth trajectory. We’re proud of Amp’s proven track record, our world-class team and that our success means firms like ZOMA Capital want to be part of our future.”