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| 13.07.23
AMPYR Solar Europe And Asahi Europe & International Sign PPA For Dutch Drinks Production
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[London, Maastricht - July 13th 2023] AMPYR Solar Europe and Royal Grolsch under Asahi Europe & International (AEI) have announced the signing of a new multi-year virtual Power Purchase Agreement (PPA), providing renewable energy for the production of their beers in the Netherlands. Grolsch will offtake power production for a multi-year period from a portfolio of solar parks currently being constructed by AMPYR Solar Europe in the Netherlands, with total capacity of more than 22MWp. For AMPYR Solar Europe, the deal highlights the company’s position as one of the fastest-growing Independent Power Producers (IPPs) in Europe. The partnership with a globally recognised brand demonstrates the central role AMPYR Solar Europe can play, using its wealth of experience in the renewable energy and power markets to help companies meet their net zero ambitions. Stephen Mason, Chief Commercial Officer for AMPYR Solar Europe, said: "AMPYR Solar Europe has developed a significant pipeline of solar assets across the Netherlands, which we will build out over the coming years. Corporate PPAs have an important role to play in our delivery strategy. We are proud to be able to assist sustainability-focused organizations such as Asahi to further decarbonize their operations and support the energy transition in the Netherlands. AMPYR Solar Europe has developed a strong commercial offering in the Dutch market where we are able to work with partners such as Asahi to offer innovative solutions including physical and virtual PPAs and bespoke products that provide optionality to our partners." For Asahi Europe & International, the transaction supports its wider sustainability ambitions to be carbon neutral across all its European breweries by 2030 and promotes additionality in its markets. Paolo Lanzarotti, CEO Asahi Europe & International said: “This latest agreement providing dedicated renewable energy for our brewery in the Netherlands marks another important step forward and significant commitment towards our Legacy 2030 goal of becoming carbon neutral in all our breweries by 2030 and across our wider supply chain by 2050. Now more than ever, and together with our partners we are committed to creating meaningful connections with people and the planet”. AMPYR Solar Europe has recently expanded its portfolio of assets in northwest Europe after acquiring 390MWp from Tyler Hill in the UK as well as securing €200 million of project finance from Rabobank to construct up to 350MWp of solar farms across the continent. As a result of these recent deals, the company now has a development pipeline of over 2GWp in the Netherlands, and an aggregate pipeline of close to 7GWp including Germany and the UK. About AMPYR Solar Europe Headquartered in London, with offices in Maastricht, Utrecht, Frankfurt and Berlin, AMPYR Solar Europe is an Independent Solar Developer and IPP with in-house end-to-end capability across Asset Development, Financing, Construction, Operations and Power Sales. AMPYR Solar Europe’s unique platform benefits from a highly experienced sponsor group: AGP Sustainable Real Assets brings extensive experience in establishing and operating GW scale renewable platforms; Hartree Partners’ cutting edge power trading analytics and zero-carbon solutions; as well as NaGa Solar’s in-depth local knowledge and land development capability. For more information, visit: www.ampyrsolareurope.com About Asahi Europe & International Asahi Europe & International is the international branch of Asahi Group Holdings, a global beverage and food company listed on the Tokyo Stock Exchange, Japan. It is the outcome of years of acquisitions, which allowed Asahi Group Holdings, a traditional Japanese producer of beer, whiskey and wide range of food products, to establish and strengthen its business in Europe and around the globe. As of 2020, the business is established under the Asahi Europe and International organization. Building on centuries of European brewing heritage, the business runs 19 production facilities in 8 countries across Europe, and is the custodian of some of the best beer brands in the world, including Asahi Super Dry, Pilsner Urquell, Peroni Nastro Azzurro, Grolsch and Kozel. Within the Asahi Group, the remit of Asahi Europe and International is also to develop and manage all export markets globally, outside of Japan and Oceania. Covering 90 markets and with over 10,000 passionate colleagues on board, through our shared purpose of Creating Meaningful Connections, the business is well positioned to inspire people around the world to drink better. For more information, visit: www.asahiinternational.com [sz-button title="Download press release" url="https://www.ampyrenergy.com/app/uploads/2023/07/PR-13072023-AMPYR.pdf"]
| 29.06.23
AMPYR Solar Europe Acquires 390 MWp UK Solar Portfolio From Tyler Hill
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[London - 29th June 2023] AMPYR Solar Europe is pleased to announce the acquisition of a 390 MWp Solar PV + BESS portfolio from Tyler Hill comprising sites across the UK. The five projects are grid secured and are in the process of being submitted for planning approval. AMPYR Solar Europe will develop the assets in partnership with Tyler Hill through to “ready-to-build” status, and begin construction in 2024. In parallel, AMPYR Solar Europe’s in-house Power Purchase Agreement (PPA) team will source long-term power offtakers for the renewable power produced by these projects. The projects are located in Somerset, Worcestershire and County Durham, in addition to a Nationally Significant Infrastructure Project (NSIP) in Moray, Scotland. Matthew van Staden, AMPYR Solar Europe’s commercial lead on this deal, said: “We are thrilled to be working with Tyler Hill on this transaction. We are confident that our partnership will deliver high quality, cost-effective solar projects that are delivered in a timely manner. This will be especially important to PPA offtakers who need price and delivery certainty to meet their sustainability goals. The Commercial Team at ASE is in a number of PPA discussions with UK offtakers and will be expanding discussions with additional counterparties in relation to these new projects now added to the portfolio.” Ravishankar Tumuluri, Founder and Chairman of Tyler Hill commented: “We look forward to working closely with AMPYR Solar Europe to ensure the highest quality of HSE standards in our projects. With a constructive engagement with the local communities, the AMPYR-Tyler Hill partnership will deliver projects that contribute to UK’s Net Zero goals, while supporting local community development schemes.” For AMPYR Solar Europe, this significantly bolsters the company’s presence as a major player within the UK solar market and represents a clear step forward in its ambition to become one of Europe’s leading Independent Power Producers (IPP). Tarun Agrawal, AMPYR Solar Europe’s co-CEO noted: “This acquisition establishes a strengthening of our solar PV asset footprint in the UK and is a reflection of our ambition to accelerate AMPYR Solar Europe’s path to becoming a leading European IPP with world class assets in the UK, Germany and the Netherlands.” Law firm Burges Salmon provided legal assistance to AMPYR Solar Europe on the deal. Following this acquisition, AMPYR Solar Europe will have a development pipeline of over 1.8 GWp in the UK, and an aggregate pipeline of close to 7 GWp including Germany and the Netherlands.

About AMPYR Solar Europe

Headquartered in London, with offices in Maastricht, Utrecht, Frankfurt and Berlin, AMPYR Solar Europe is an Independent Solar Developer and IPP with in-house end-to-end capability across Asset Development, Financing, Construction, Operations and Power Sales. AMPYR Solar Europe’s unique platform benefits from a highly experienced sponsor group: AGP Sustainable Real Assets brings extensive experience in establishing and operating GW scale renewable platforms; Hartree Partners’ cutting edge power trading analytics and zero-carbon solutions; as well as NaGa Solar’s in-depth local knowledge and land development capability. For more information, visit: www.ampyrsolareurope.com

About Tyler Hill

Tyler Hill has been involved in the development of utility-scale solar farm, distributed on-site solar systems, battery energy storage systems, to respond to the threat of climate change and to become a part of the global transition to sustainability. Headquartered in London, the company is constantly seeking new opportunities for getting involved in decarbonization and implementation of sustainable solutions. For more information, visit: www.tylerhillrenewables.com [sz-button title="Download Press Release" url="https://www.ampyrenergy.com/app/uploads/2023/06/PR-27062023-AMPYR-4.pdf"]
| 13.10.22
AMPYR and Shell Energy to jointly develop, own and operate a 500 MW / 1,000 MWh battery energy storage system in Wellington, New South Wales
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[Sydney, 14 October 2022] AMPYR Australia Pty Ltd (AMPYR) and Shell Energy Australia (Shell Energy) have signed a joint development agreement for a proposed battery energy storage system strategically located in Wellington (the Wellington BESS), Central West New South Wales (NSW). The target capacity of the Wellington BESS is 500 MW / 1,000 MWh, making it one of the largest battery storage projects in NSW.  The Wellington BESS will connect to the adjacent TransGrid Wellington substation, adjacent to the Central West Orana Renewable Energy Zone (Central West Orana REZ).  It will complement nearby existing renewable energy generation assets as well as the proposed additional generation to be delivered as part of the Central West Orana REZ. The Wellington BESS will smooth out fluctuations in electricity supply from these new intermittent power sources, providing system security benefits and other network services. The Wellington BESS has been under development for over 18 months and the Environmental Impact Statement (EIS) is expected to be released for public consultation later this month. The Wellington BESS project is being jointly developed by AMPYR and Shell Energy. Subject to securing all relevant approvals, authorisations and financing, construction is expected to commence in mid-2023. Once operational, Shell Energy will hold the rights to charge and dispatch energy from the Wellington BESS. “AMPYR is proud to be partnering with Shell Energy on the Wellington BESS, which will be one of the largest battery storage projects in NSW, contributing to the reliability of the National Electricity Market and further advancing Australia’s clean energy future,” Ben Salmon, AMPYR’s Director said. “It is a very exciting time for renewable energy in Central West NSW, with over 3GW of utility-scale wind and solar operating, in construction and under development. This is great for the economy of Central West NSW. AMPYR is proud that the Wellington BESS will boost growth in regional NSW and form a critical part of the new energy future for the region,” Mr. Salmon continued. Shell Energy’s Chief Executive Officer Greg Joiner said Shell Energy is excited to contribute to the growth of firming capacity in regional NSW. “This partnership with AMPYR signals our commitment to accelerating the energy transition, with this project contributing to improved reliability for the grid and energy consumers in the state. This is another example of how Shell Energy is powering progress in Australia through investment in low-carbon solutions,” Mr Joiner said. About AGP Sustainable Real Assets and AMPYR Energy AGP Sustainable Real Assets (AGP) is an asset development and investment management group, investing in, developing and operating sustainable infrastructure. AGP established AMPYR Energy, its global renewable energy platform, to accelerate a net-zero greenhouse emissions future and respond to the rapid changes in the energy sector worldwide. Headquartered in Singapore, with operations and assets in Australia, India, Europe/the United Kingdom and the United States, AMPYR Energy provides low-cost renewable power, battery storage and other network and non-network solutions to customers. AMPYR Australia Pty Ltd (AMPYR) is part of AMPYR Energy and is currently focused on investing in behind-the-meter and BESS assets. For more info visit: www.ampyrenergy.com and www.agpgroup.com About Shell Energy  Shell Energy is Shell’s renewables and energy solutions business in Australia, helping its customers to decarbonise and reduce their environmental footprint. Shell Energy delivers business energy solutions and innovation across a portfolio of electricity, gas, environmental products and energy productivity for commercial and industrial customers, while our residential energy retailing business Powershop, acquired in 2022, serves more than 185,000 households and small business customers in Australia. As the second-largest electricity provider to commercial and industrial businesses in Australia[1], Shell Energy offers integrated solutions and market-leading[2] customer satisfaction, built on industry expertise and personalised relationships. The company’s generation assets include 662MW of gas-fired peaking power stations in Western Australia and Queensland, supporting the transition to renewables, and the 120MW Gangarri solar energy development in Queensland. For more info visit: www.shellenergy.com.au Shell Australia Media Mobile: + 61 417 007 344 [sz-button title="Download press release" url="https://www.ampyrenergy.com/app/uploads/2022/10/221014-JDA-Press-Release-AMPYR-Shell-Energy.pdf"] [1] By load, based on Shell Energy analysis of publicly available data. [2] Utility Market Intelligence (UMI) survey of large commercial and industrial electricity customers of major electricity retailers, including ERM Power (now known as Shell Energy) by independent research company NTF Group in 2011-2021

Other Articles

AMPYR and Shell Energy to jointly develop, own and operate a 500 MW / 1,000 MWh battery energy storage system in Wellington, New South Wales
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AMPYR Solar Europe Gains Consent For Dunfermline Solar Farm & Battery Storage System
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AGP Sustainable Real Assets and Hartree Partners Announce US Expansion of Global Solar Partnership
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AMPYR Solar Europe signs deal with Edinburgh Airport to develop solar farm, battery and electric vehicle infrastructure
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