Amp Energy has been awarded North America Portfolio 'Deal of the Year' by Proximo, for the innovative $350 million cross-jurisdictional portfolio financing it secured at the beginning of the year with a consortium of leading institutional investors
Proximo's judging panel described the deal as "a huge leap forward in institutional lender support for construction holdco debt".
The facility will be used to support the construction of Amp's robust and rapidly growing renewables and battery storage asset portfolio globally. The investment will focus initially on funding construction-stage assets in the U.S., Australia, and Japan, with the intent to add incremental investment-grade geographic markets as Amp continues to scale.