S'abonner

AMPYR Energy USA acquires 210 MW of solar projects in the Carolinas to expand its portfolio

AMPYR Energy USA has completed the acquisition of two large-scale solar projects in the Carolinas, bringing its U.S. portfolio to over 4 GW.

Share:

AMPYR Energy USA announced the acquisition of two utility-scale solar projects totalling more than 210 peak megawatts (MWp) in North Carolina and South Carolina. The transaction expands the company’s footprint in the southeastern United States and strengthens a national pipeline now exceeding 4 gigawatts (GW) of carbon-free energy assets.

The two facilities are currently in advanced stages of development. AMPYR Energy USA plans to secure long-term power purchase agreements in 2024 with customers from the public or private sectors. Financial terms of the transaction were not disclosed. Project delivery will be overseen by the company’s internal technical and development teams.

Targeted regional expansion in the Southeast

This acquisition aligns with AMPYR Energy USA’s strategy to build a structured renewable portfolio in southeastern markets. “This acquisition marks an important step to expand our solar and storage business in the United States,” said Steve Semlitz, Chairman of AMPYR Energy USA, in a statement issued on July 25.

The projects will join a growing portfolio of assets distributed across the country. AMPYR Energy USA continues to invest in internally developed “greenfield” projects while supplementing this approach with targeted acquisitions.

Balancing ISO and non-ISO market exposure

The company is aiming for a balanced approach between Independent System Operator (ISO) markets and unregulated markets to capitalise on strong nationwide demand for renewable electricity.

“We are strengthening our efforts in the Southeast to build a scalable regional portfolio of renewable energy assets,” said Sumeet Bidani, Chief Development Officer at AMPYR Energy USA. The company is pursuing a growth strategy based on both internal project development and the acquisition of assets at various stages of maturity.

  • Populaires ​
Global business leaders gather in Beijing for inaugural SMI China forum on sustainable innovation
Nuclear Waste in France: Experts Call for Strengthened Safety Measures
bp sells its US onshore wind assets to LS Power as part of divestment strategy
UK and Czech Republic sign agreement to accelerate civil nuclear development
Kairos Power completes installation of third prototype vessel in Oak Ridge
Sunrun raises $431 million with residential solar system securitization
Sunrun announced the pricing of its $431 million securitization, involving leases and power purchase agreements. This marks the company’s 14th public securitization and its third of 2025.
Resalta acquires Statkraft’s Croatian platform, strengthening its position in Eastern Europe
Resalta has completed the acquisition of Statkraft’s Croatian platform, expanding its presence in renewable energy across Eastern Europe, with a portfolio of projects and a full local team.
Gaia finalises $11mn solar acquisition in South Africa with two photovoltaic assets
Gaia Renewables 1 has acquired a 10% stake in two solar power plants in the Northern Cape, following regulatory approval and financial close, strengthening its portfolio of independent assets.
Gutami Holding signs 150 MW solar deal with storage in Burkina Faso
Dutch firm Gutami Holding has signed a 25-year agreement with Burkina Faso and national utility SONABEL for a 150 MW solar project with 50 MW storage, valued at over €100mn ($109mn).
Azerbaijani sovereign fund acquires stake in 402 MW solar assets in Italy
SOFAZ acquires 49% of a 14-plant solar portfolio held by Enfinity Global in Lazio and Emilia-Romagna, reinforcing its long-term stable investment strategy.
Entech acquires 100 MWp of solar projects from international energy group
Entech spent €1.4mn to acquire a portfolio of photovoltaic projects under development across southern and central France, marking a first move in its external growth strategy following a recent capital increase.
MIGA grants $495 million in guarantees to CrossBoundary for 100 African projects
A guarantee operation orchestrated by the World Bank targets the expansion of distributed energy solutions across nearly twenty African markets, involving a project portfolio led by CrossBoundary Energy and a financial collaboration with Standard Bank South Africa.
South Africa: Eskom Under Pressure from Residential Solar Growth
Facing chronic power outages, South African households are increasingly turning to solar self-generation, jeopardizing Eskom's pricing model and widening energy-access inequalities between affluent neighborhoods and disadvantaged areas.
Sol Systems raises $675mn to support 500 MW of solar and storage projects in the United States
Sol Systems has secured a $675mn credit facility to accelerate the development of 500 MW of solar and storage projects in Illinois, Ohio and Texas, backed by an international banking consortium.
Solar becomes the leading source of electricity in Pakistan
The rapid rise of solar energy is disrupting Pakistan’s electricity sector, forcing the government to revise its tariff policy and introduce new taxes on solar panel imports.
Sabanci Renewables acquires 120 MW of solar in Texas from OCI Energy
Sabanci Renewables announces the acquisition of the Texan solar project Pepper from OCI Energy, strengthening its US portfolio to 660 MW and paving the way for an increase to 3 GW by 2030.
Poland awards 1.67 GW of solar projects in its latest renewables auctions
The results of recent Polish auctions reveal a predominance of photovoltaic solar, with 178 projects selected and a total capacity of 1.67 GW, while other segments found no takers.
The French solar federation organises itself amid current political and economic attacks
The National Solar Energy Federation, launched on 21 June and formalised on 14 July, brings together installers, equipment suppliers and financiers to defend photovoltaics against political criticism as Paris prepares a new energy roadmap.
CrossBoundary Energy raises $60mn to accelerate Kamoa solar unit
A $60mn subordinated loan will speed delivery of equipment for a 223 MWp solar-storage plant serving the Kamoa-Kakula copper complex, deepening the financial partnership between CrossBoundary Energy and Standard Bank South Africa.
Desri launches the Santa Teresa solar and storage plant in New Mexico
New York developer DESRI, together with utility El Paso Electric, starts construction of the 150 MWac Santa Teresa solar complex and its 600 MWh storage system, financed by an international banking consortium.
Geronimo Power launches a 250 MW solar project in Wisconsin
Renewable developer Geronimo Power begins construction of the 250 MW Portage Solar park, expected to generate more than $100 mn in cumulative economic impact in Wisconsin, according to a news release issued on July 15 by PR Newswire.
ATIDI secures financing for a 62 MW solar power plant in Togo with an innovative guarantee
African Trade & Investment Development Insurance (ATIDI) provides a liquidity guarantee to the Sokodé solar project, facilitating private financing for a 62 MW plant dedicated to Compagnie Énergie Électrique du Togo.
ACWA Power, Badeel and SAPCO to invest $8.3bn for 15,000 MW of renewables in Saudi Arabia
Three major players commit to developing five solar plants and two wind farms, with commissioning scheduled between 2027 and 2028 as part of Saudi Arabia’s national programme.
SAEL Industries announces $954mn investment for solar plant in India
SAEL Industries will invest $954mn in a solar factory in Greater Noida, boosting Indian manufacturing capacity and supporting the national strategy to localise photovoltaic component production.
Global PV inverter shipments reach 589 GWac as Asia-Pacific dominates in 2024
Global photovoltaic inverter shipments increased by 10% in 2024, driven by the Asia-Pacific region, which accounts for nearly seven out of ten shipments, while China consolidates its influence on the sector.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING