Four Amp Japan Solar PV Projects Achieved Commercial Operation in Q4 2021

Tokyo, Japan – January 21, 2022 – Amp Energy, a global energy transition platform and renewable energy developer, today announced that four projects within its Japanese portfolio achieved commercial operation in Q4, 2021.

The solar power plants, located in Mizunami, Nihonmatsu, Fujioka, and Shobusawa, have an aggregated capacity of 69.2MW, with an estimated generation of 77,000MWh per year - the equivalent to the annual energy consumption of 22,000 local households. Collectively, the construction of the plants created over 400 local jobs for the local communities.

"We are very proud of the tremendous efforts of the team and communities we work with to get these projects to completion." Said Martin Stein, EVP & Head of Japanese Operations at Amp.

Amp has significantly expanded its asset portfolio in Japan over the past six years, and is now among the leading independent renewable platforms in the Japanese market. With headquarters in Tokyo, the real assets business has now surpassed 235MW of assets operating and in construction, with a pipeline of 200MW in development that will achieve commercial operation by 2025.

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About Amp

Amp is a global energy transition platform.

We develop, own and operate clean energy assets throughout our core markets around the world, alongside Amp X, our disruptive grid-edge technology platform utilizing proprietary artificial intelligence expertise. The company is headquartered in Toronto with global operations throughout Japan, Australia, India, Spain, Czech Republic, UK and North America.

Founded in 2009, Amp is a high-growth disruptor at scale, backed by major investments from institutional capital partners including most recently the Carlyle Group, which invested US$374 million into the company in late 2020.