AMPYR Distributed Energy Secures $194m Debt Financing for European Expansion
AMPYR Distributed Energy (ADE) has secured €170 million ($194 million) in debt financing from Crédit Agricole CIB and Franklin Templeton's Benefit Street Partners to support its growth across Europe. The funding will be used to expand ADE’s distributed renewable energy assets, facilitate strategic acquisitions, and follow up on the recent acquisition of a 70MW portfolio from TotalEnergies.
Tickers: $TTE
Topics: corporate expansion infrastructure investment renewable energy