AMPYR Distributed Energy (ADE), an investor in renewable energy solutions and part of the AGP Group, raised a £50 million (~$67 million) mezzanine finance facility from Franklin Templeton, a global asset manager.
The facility will support the company’s expanding pipeline of business acquisitions and project funding. The facility can be drawn upon for the development, construction, and operation of assets across both solar and battery energy storage systems.
John Behan, CEO of ADE, commented, “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 whilst ensuring we have the firepower for 2026 and beyond. We are excited to partner with Franklin Templeton, whose efficient approach to execution and flexible facility enables us to meet the rising demand for onsite renewable energy solutions.”
This new facility from Franklin Templeton follows ADE’s senior debt arrangement with Crédit Agricole Corporate & Investment Bank in May 2025 and brings ADE’s total debt capacity raised in 2025 to more than £200 million (~$266 million).
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. We see a compelling opportunity set for our investors in this area of the market, particularly when accessed through flexible arrangements that offer exposure to attractive risk-adjusted positions within the capital structure.”
Watson Farley & Williams served as the legal advisor for AMPYR Distributed Energy, while Sidley Austin advised Franklin Templeton on the transaction.
In November 2025, AMPYR Distributed Energy announced the acquisition of Shawton Energy, a company that provides fully-funded solar energy solutions to U.K. businesses.
According to Mercom’s 9M and Q3 2025 Solar Funding and M&A report, debt financing activity in 9M 2025 reached $12.7 billion in 60 deals, a 24% decrease compared to 9M 2024 when $16.7 billion was raised in 68 deals.
