AMPYR Distributed Energy (ADE), a key player in onsite renewables investment for commercial and industrial clients, has secured a £50 million mezzanine finance facility from Franklin Templeton. This significant facility will provide flexible capital to bolster ADE’s expanding business acquisitions and project funding. The facility, which covers development, construction, and operating assets in both solar and Battery Energy Storage Systems technologies, ranks among the largest in the UK’s commercial and industrial renewables market.
This financial arrangement follows ADE’s recent senior debt deal with Crédit Agricole Corporate & Investment Bank, bringing ADE’s total debt capacity raised in 2025 to over £200 million. John Behan, CEO of ADE, remarked, “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.”
Will Devenney, Head of Infrastructure Debt at Franklin Templeton, expressed enthusiasm about the partnership with ADE, stating that the collaboration offers a compelling opportunity for investors in the renewable energy sector. Franklin Templeton’s alternatives assets, which include private credit, real estate, and digital assets, represent 16% of its total assets under management, amounting to US$270 billion.
The facility was structured through a bilateral agreement between ADE and Franklin Templeton, with CACIB serving as the placement agent. Legal advice was provided by Watson Farley & Williams LLP for ADE, Sidley Austin LLP for Franklin Templeton, and Orrick LLP for CACIB.
