AMPYR Distributed Energy Raises £50 Million Mezzanine Financing in Largest Of Its Kind Facility For The UK Commercial and Industrial Renewable Energy Market

AMPYR Distributed Energy (ADE), part of AGP Group and a leading investor in onsite renewables for commercial and industrial (C&I) clients, today announced it has raised a £50 million secured mezzanine finance facility, providing flexible capital to support the company’s expanding pipeline of business acquisitions and project funding. The facility, which can be drawn upon for development, construction, and operating assets across both solar and Battery Energy Storage Systems technologies, is among the largest of its kind in the UK C&I renewables market.

This new facility from Franklin Templeton, a leading global asset manager, follows ADE’s senior debt arrangement with Crédit Agricole Corporate & Investment Bank (CACIB) in May 2025 and brings ADE’s total debt capacity raised in 2025 to more than £200 million.

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.”

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.”

Franklin Templeton’s global alternative asset strategies include specialist investment managers focused on private credit via BSP-Alcentra, private real estate through Clarion Partners, global secondary private equity and co-investments via Lexington Partners as well as hedged strategies, venture capital and digital assets. The firm’s alternatives assets represent 16% (US$270 billion) of Franklin Templeton’s $1.69 trillion in total assets under management as of October 31, 2025.

The facility was originated by Franklin Templeton, and bilaterally structured by ADE and Franklin Templeton, with CACIB acting as placement agent, Watson Farley & Williams LLP acted as ADE’s legal advisor, Franklin Templeton was advised by Sidley Austin LLP, and CACIB was advised by Orrick LLP.