Investments

AMP Clean Energy’s strategy is to be a specialist provider of distributed heat, power and renewable fuels to help UK businesses unlock the potential of decentralised, low carbon energy.

AMP Clean Energy aims to grow assets under management, build up off-balance sheet carried interest, together with making long-term equity investments in companies aligned to our corporate strategy.

Funding for renewable and low carbon heat projects

AMP Clean Energy has access to a Special Purpose Vehicle (SPV), known as AMPIL which was set up with the intention to fund AMP Clean Energy renewable and low carbon heat projects.

To date AMPIL has raised over £50 million which has been spent on AMP Clean Energy projects. Having access to AMPIL means that AMP Clean Energy is able to deploy funds quickly, supporting customers decarbonisation objectives.

Research and Development into emerging technologies

We undertake research and development into new distributed energy technologies which look set to play a greater role in the UK’s clean growth agenda. We are analysing various opportunities in electric vehicle (EV) charging, infrared heating, renewable electricity supply, green gas and Compressed Natural Gas.

IncubEx

AMP Clean Energy now has a 29.08% share in IncubEx LLC, which designs and develops new financial products in global environmental, reinsurance, and related commodity markets such as wood pellet.

The company has a specific focus on innovation and continuous improvement of products and services, which is a good fit with AMP Clean Energy’s ethos.

Ashford Peaking Plant

AMP Clean Energy has access to funding from a special purpose vehicle called Aggregated Micro Power Infrastructure 2 plc (AMPIL). AMPIL was set up with the intention of funding renewable and low carbon heat projects. To date AMPIL has raised over £50 million which has been spent on projects developed by AMP Clean Energy. Having access to AMPIL funds means that AMP Clean Energy is able to expedite the project development process, supporting customers decarbonisation objectives.

Under the terms of its contract with AMPIL, AMP Clean Energy receives an upfront 10% development fee on each project and when AMPIL debt is repaid, AMP Clean Energy is entitled to receive 100% of the excess returns in the form of deferred development fees.