AMPYR Distributed Power (ADE), a part of AGP Group, at this time introduced the acquisition of Shawton Power (Shawton) – a longtime supplier of fully-funded photo voltaic power options to UK companies.
The deal strengthens ADE’s main place within the UK distributed power market, additional increasing its buyer base and operational capabilities by way of Shawton’s confirmed expertise and industrial relationships. Since its inception in early 2024, ADE has develop into one of many quickest rising corporations within the UK onsite renewables sector and has lately entered the European market with growth in Germany. ADE now owns and manages a high-quality portfolio of renewable power belongings, representing over 100MW of contracted capability throughout greater than 150 websites.
Following the acquisition, Shawton will preserve its mission to offer cheaper, greener power to companies from onsite renewable installations. The corporate may even retain its extremely regarded model, group, and places of work in Warrington. ADE will work in shut partnership with Shawton, offering aggressive Energy Buy Settlement (PPA) funding and strategic assist to ship its spectacular buyer pipeline.
John Behan, CEO of ADE, commented: “This acquisition is the most recent in numerous strategic strikes that cement ADE’s place as a pacesetter within the European C&I photo voltaic market. With bold development targets, we’re actively increasing our capabilities and belongings underneath administration. Our objective is to guide the sector by making onsite power easy for our clients and companions.
”We now have been impressed with the expansion trajectory of Shawton underneath the management of Jamie Shaw. Shawton has constructed a robust market repute and strong working base of belongings, alongside a fabric pipeline with main corporates. We sit up for working intently with Jamie and his group to speed up the deployment of onsite renewables throughout the UK.”
Based in 2019, Shawton combines intensive market expertise and technical experience to supply an end-to-end service to clients. After taking a 50% funding from Lazard Asset Administration in 2023, the enterprise has accomplished a number of long-term rooftop PPA initiatives and developed the Level Lane 8.6 MWp photo voltaic farm challenge. These achievements have positioned the enterprise for important scale-up within the coming years, together with by way of multi-site framework agreements with giant purchasers throughout totally different industries. With a sizeable operational portfolio, sturdy challenge pipeline and established buyer relationships, Shawton is among the fastest-growing companies available in the market.
Jamie Shaw, founder and CEO of Shawton, added: “Over the previous two years, working with Lazard has enabled us to develop our portfolio, ship key ESG initiatives, and strengthen our place within the UK distributed power market. As a extremely profitable and quickly rising enterprise, we’ve an enviable base of operational belongings and a robust pipeline of initiatives. Our partnership with ADE marks an thrilling new chapter for our enterprise. By becoming a member of forces, we’ve entry to the capital and assets that may additional assist our development in a consolidating market and aggressive atmosphere.”
Rob Wall, head of personal infrastructure at Lazard Asset Administration, concluded: “Shawton has been a superb associate, delivering sturdy operational and industrial progress in a short while. This transaction proves our origination and value-creation capabilities, and positions Shawton for its subsequent section of development.”
