AMPYR Distributed Energy acquires 70MW European solar portfolio from TotalEnergies

AMPYR Distributed Energy (ADE) has acquired a 70MW portfolio of operational commercial and industrial solar assets from TotalEnergies, strengthening its position as a leading investor in onsite renewables across Europe.
ADE floating solar farm

AMPYR Distributed Energy (ADE) has acquired a 70MW portfolio of operational commercial and industrial solar assets from TotalEnergies, strengthening its position as a leading investor in onsite renewables across Europe.

The portfolio comprises 17 sites across Belgium, the Netherlands, Luxembourg, the UK and Iberia, including ground-mounted, rooftop and floating installations, increasing our total contracted capacity to over 250MW. All assets are backed by long-term Power Purchase Agreements (PPAs) with established corporate customers.

Accelerating a pan-European strategy

John Behan, our CEO, says, “This is a strategic launchpad for AMPYR Distributed Energy’s pan-European vision, placing us among the leading players in multiple countries.  We’re also excited to onboard a floating solar farm in Belgium as part of the transaction, Europe’s largest floating solar project dedicated to industrial self-consumption.

“Most importantly, it expands our ability to support businesses with multi-site, multi-country energy strategies – giving customers a single, trusted partner to fund, own and operate onsite renewable energy across Europe.

“At a time when European businesses are facing some of the highest energy prices in the world, onsite energy has never been more important. It gives organisations greater cost certainty, improved energy resilience and a practical way to reduce emissions, and we’re now even better placed to deliver that at scale and at pace.”

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Looking ahead

Building upon our launch in Germany in 2025, this transaction reflects ADE’s continued momentum across Europe and represents a major milestone in the company’s growth.

With greater scale, a broader geographic footprint and a high-quality portfolio of contracted assets, ADE is well positioned to support businesses operating across multiple countries while helping them reduce energy costs, improve resilience and accelerate the transition to a lower-carbon energy system.

Floating solar

The flagship asset within AMPYR Distributed Energy’s newly acquired European solar portfolio is the recently commissioned floating solar farm in Belgium which supplies renewable electricity directly to a major industrial manufacturing facility.

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