Ampliform Closes $165 Million Loan to Advance Project Pipeline

Ampliform, a Pennsylvania-based utility-scale solar and storage project developer, secured a loan facility of up to $165 million with Copenhagen Infrastructure Partners (CIP), through its Green Credit Fund I (CI GCF I).

The proceeds of the financing will support the advancement of the company’s project pipeline across various U.S. regional electrical grids, with a focus on development and construction of its near-term portfolio in PJM, the grid operator serving 13 states and Washington D.C.

“This financing marks a pivotal moment for the company,” said Carl Jackson, founder and CEO of Ampliform. “Securing this capital provides us with additional resources to significantly accelerate our growth. We look forward to partnering with CIP as our company looks to fund construction of our near-term portfolio and support key development activities for flagship projects in our robust pipeline across PJM, MISO, NYISO, and other markets.”

“We are thrilled to be partnering with the Ampliform team as they develop new energy supply to support economic growth and technological advancements,” said Reiner Boehning, CIP Partner. “CIP, together with Ampliform, is uniquely qualified and positioned to help address the rapidly increasing power demand in several parts of the country.”

The company has approximately 800 MW of near-term PJM projects for construction in 2025-2027, with an additional development pipeline of more than 5 GW, and a plan to grow that development pipeline up to 10 GW.

Ampliform is a joint venture between Prospect14, a solar development platform, and a team of infrastructure investors and operators. Long-term equity investors, including the Jones Family Office, Barings, and the George Kaiser Family Foundation, back the company.

According to Mercom’s recently released 9M and Q3 2025 Solar Funding and M&A report, large-scale project funding increased by 43% in the first nine months of 2025 compared with the same period in 2024.

In October 2025, Lightsource bp, a renewable energy project developer, and Pinnacle Financial Partners announced the closing of $97.9 million tax equity financing for the 187 MW Peacock Solar project located in San Patricio County, Texas.


RELATED POSTS