Ampyr Solar will develop 4 GW PV projects across Germany, the Netherlands and UK
Post date: 03/02/2021 - 11:49
Naga Solar Holding BV, Dutch developer of solar parks, roof mounted and floating PV systems, announced the creation of Ampyr Solar Europe (ASE), a joint venture with AGP Group and Hartree Partners. The new company aims to develop at least 4 GW of solar projects across the Netherlands, UK and Germany. According to Naga Solar, ASE offers an »opportunity for institutional investors to deploy in excess of €1 billion.«
AGP Sustainable Real Assets is a fund and asset management group, investing in, developing and operating sustainable infrastructure. AGP already established Ampyr Energy UK, its global renewable energy platform, with operations and assets in Europe, India and Australia.
Hartree Partners is a merchant commodities firm specialising in energy and its associated industries. Hartree Partners is owned by the company’s managing partners, senior management, and Oaktree, an alternative investment firm with over $140 billion of assets under management and a major investor in low carbon and renewable technologies.
ASE will build on Ampyr Energy UK, Hartree’s existing partnership with AGP, which is developing 1.5 GW of onshore wind, solar PV and associated battery storage in the UK. The UK operation will combine its solar assets with those under development in the Netherlands and Germany through Naga.