AMPYR Distributed Energy Secures £50 Million Mezzanine Finance to Expand UK C&I Renewables Pipeline

AMPYR Distributed Energy (ADE), part of the AGP Group and a leading investor in onsite renewable energy solutions for commercial and industrial (C&I) clients, has raised a £50 million secured mezzanine finance facility to support its expanding pipeline of business acquisitions and project funding. The facility, one of the largest of its kind in the UK C&I renewables market, can be drawn for development, construction, and operating assets across both solar and battery energy storage system (BESS) technologies.

The financing was provided by Franklin Templeton, a global asset manager, and follows ADE’s senior debt arrangement with Crédit Agricole Corporate & Investment Bank (CACIB) in May 2025, bringing ADE’s total debt capacity raised this year to over £200 million.

John Behan, CEO of ADE, said, “This new facility reflects ADE’s continued market growth. As an investor, we are always seeking to optimise our capital structure through a combination of financing options while ensuring we have the firepower for 2026 and beyond. We are excited to partner with Franklin Templeton, whose flexible approach enables us to meet the rising demand for onsite renewable energy solutions.”

Will Devenney, Head of Infrastructure Debt at Franklin Templeton, added, “We are hugely excited by the growth of onsite renewable energy and, in ADE, we have partnered with an industry leader at the cutting edge of the energy transition. Flexible arrangements like this offer compelling risk-adjusted opportunities for investors.”

The facility was originated by Franklin Templeton, bilaterally structured with ADE, with CACIB acting as placement agent. Legal advisors included Watson Farley & Williams LLP for ADE, Sidley Austin LLP for Franklin Templeton, and Orrick LLP for CACIB.

Franklin Templeton’s alternative asset strategies, representing 16% of its total assets under management, include private credit, real estate, private equity, venture capital, and digital assets, totaling US$270 billion of its $1.69 trillion AUM as of October 31, 2025.