Amp Closes C$200 Million Financing With ZOMA Capital To Fund Continued Growth
A leading global developer of flexible clean energy infrastructure, announced today that it has closed C$200 million financing led by ZOMA Capital in order to continue the development, acquisition and build out of clean energy infrastructure assets in its core markets. PLEXUS Solutions acted as structuring and financial consultant on behalf of ZOMA Capital.
Since its inception in 2009, Amp has successfully grown a portfolio of over 700MW of distributed generation and utility scale energy projects. Amp continues that growth with a development pipeline of over 2GW of projects in some of the world’s most attractive power markets, including North America, Japan, Australia and India.
“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 Amp’s position as a market leader, and allows us to accelerate our strong growth trajectory. We are proud of Amp’s proven track record, our world-class team and that our success means firms like ZOMA Capital want to be a part of our future.”
“Amp’s efforts to transform the energy economy align with our dedication to investing in a more efficient, responsive, and modernized electric grid,” said Melissa Cheong, Chief Investment Officer of ZOMA Capital. “ZOMA is excited to support the team at Amp, who we believe will bring great renewables project development experience and expertise across geographies.”
For Amp media enquiries:
Stefanie Facchini
Amp
905.271.7800 x 221
About Amp:
Amp is a global developer of flexible clean energy infrastructure.
We develop, own and operate clean energy assets both behind and in-front of the meter. Our solutions, managed by technology-enabled risk management tools allow us to provide dispatchable, affordable and resilient clean power to enhance system reliability and security for our customers and the grid.
Based in Canada, with operations in North America, Japan, India and Australia, our international team brings deep expertise and thought leadership to every aspect of the energy industry.
At Amp, we power change.
