£50m boost for renewable energy projects.

Tuesday 3 September 2024

Exciting news in the world of sustainable energy as AMPYR Distributed Energy, a leading provider of onsite energy solutions, has announced a groundbreaking partnership to drive new renewable energy projects.

Renowned investor in onsite sustainable energy solutions, AMPYR Distributed Energy (ADE), has revealed a significant £50 million collaboration with technology solutions provider, Oakes Energy Services. This partnership marks a pivotal moment in the renewable energy sector, aiming to deliver fully funded renewable energy projects, with a specific emphasis on solar energy initiatives for commercial and industrial clients.

Nik Smith, Director of Oakes Energy Services, expressed his enthusiasm for the new partnership, stating: ‘Partnering with ADE will accelerate our ambitious growth strategies. Their dedication to streamlining behind-the-meter energy perfectly complements our project portfolio and will propel growth to achieve net zero emissions for businesses across the UK.’

Miles Thomas, Chief Commercial Officer at ADE, shared his insights by stating: ‘We anticipate deploying over £300 million of capital into renewable projects spanning the UK and Europe. Our primary goal is to simplify the journey to net zero for our business customers through cutting-edge and sustainable funding solutions.’

As the push towards a more sustainable future gains momentum, innovative collaborations like this one are crucial in driving change and making a real impact on our environment. Stay tuned for more updates on this partnership and its transformative projects!

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