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AMPYR Distributed Energy, an investor in renewable energy solutions and part of the AGP Group, <a href="https://cms.mercomindia.com/ampyr-distributed-energy-secures-229-million-in-debt-funding/" target="_blank" rel="noopener">secured</a> £170 million (~$229 million) in debt funding provided by the corporate investment firm Crédit Agricole CIB. This funding aims to support its ongoing investment in commercial and industrial solar and battery energy storage projects throughout the U.K.
REplace, an AI-powered service provider for streamlining solar and other renewable energy development, <a href="https://cms.mercomindia.com/replace-raises-1-6-million-in-funding/" target="_blank" rel="noopener">secured</a> $1.6 million in its latest funding round, bringing its total funding to $2.1 million. The funding round was led by Gravity Climate, which includes Dr. Bracha Halaf, and Zafrir Yoeli, Co-Founder of Enlight. Additional participants include Adam/a, Malbec Ventures, and strategic angels from the solar and data center sectors participating in this funding round.
SunStrong Capital Holdings, a provider of financing solutions for the residential solar sector, has <a href="https://cms.mercomindia.com/sunstrong-closes-254-million-securitization-deal/" target="_blank" rel="noopener">announced</a> the successful closing of a $254 million securitization backed by residential solar and battery system loan agreements. SunStrong acquired legacy SunPower assets, including more than 110,000 solar loan and lease systems across the U.S., totaling nearly 1 GW of power generation capacity and 19 MW of commercial solar assets. The company focuses exclusively on distributed energy asset management.
Waste and wastewater management solutions company Enviro Infra Engineers <a href="https://www.mercomindia.com/enviro-infra-engineers-to-acquire-solar-project-developer-sunaxis" target="_blank" rel="noopener">announced</a> it will acquire Sunaxis Renewables from EIE Renewables for ₹100,000 (~$1,170.37). Sunaxis Renewables is a special-purpose vehicle that develops ground-mounted and floating solar projects. It oversees the complete lifecycle of floating solar projects, from concept to commissioning, and operation and maintenance.
AMPYR Distributed Energy, an investor in renewable energy solutions and part of the AGP Group, has <a href="https://cms.mercomindia.com/ampyr-distributed-energy-acquires-eden-sustainable/" target="_blank" rel="noopener">announced</a> the acquisition of Eden Sustainable, a provider of renewable energy solutions. Eden, a developer in the U.K. commercial and industrial renewables sector, will maintain its brand, team, and Exeter-based headquarters following the acquisition. ADE is set to offer strategic support to Eden, collaborating with the team to accelerate the development of their combined project pipeline.
For reports and trackers on funding and M&amp;A transactions in solar, energy storage, and smart grid sectors, click <a href="https://cms.mercomindia.com/clean-energy-reports/" target="_blank" rel="noopener">here</a>.
Read last week&#8217;s funding <a href="https://cms.mercomindia.com/funding-ma-roundup-sention-technologies-raises-5-million/" target="_blank" rel="noopener">roundup</a>.

Funding and M&A Roundup: AMPYR Distributed Energy Secures $229 Million

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					</table>From: <a href="https://mercomcapital.com/funding-ma-roundup-ampyr-distributed-energy-secures-229-million/" target="_blank" rel="noopener">Mercom Capital Group</a>
AMPYR Distributed Energy, an investor in renewable energy solutions and part of the AGP Group, <a href="https://mercomcapital.com/ampyr-distributed-energy-secures-229-million-in-debt-funding/" target="_blank" rel="noopener">secured</a> £170 million (~$229 million) in debt funding provided by the corporate investment firm Crédit Agricole CIB. This funding aims to support its ongoing investment in commercial and industrial solar and battery energy storage projects throughout the U.K.
REplace, an AI-powered service provider for streamlining solar and other renewable energy development, <a href="https://mercomcapital.com/replace-raises-1-6-million-in-funding/" target="_blank" rel="noopener">secured</a> $1.6 million in its latest funding round, bringing its total funding to $2.1 million. The funding round was led by Gravity Climate, which includes Dr. Bracha Halaf, and Zafrir Yoeli, Co-Founder of Enlight. Additional participants include Adam/a, Malbec Ventures, and strategic angels from the solar and data center sectors participating in this funding round.
SunStrong Capital Holdings, a provider of financing solutions for the residential solar sector, has <a href="https://mercomcapital.com/sunstrong-closes-254-million-securitization-deal/" target="_blank" rel="noopener">announced</a> the successful closing of a $254 million securitization backed by residential solar and battery system loan agreements. The notes are supported by a $349.4 million portfolio of solar loan obligations, financing 8,639 residential systems spread across 33 states, with a total generation capacity of 68 MW.
Waste and wastewater management solutions company Enviro Infra Engineers <a href="https://www.mercomindia.com/enviro-infra-engineers-to-acquire-solar-project-developer-sunaxis" target="_blank" rel="noopener">announced</a> it will acquire Sunaxis Renewables from EIE Renewables for ₹100,000 (~$1,170.37). Sunaxis Renewables is a special-purpose vehicle that develops ground-mounted and floating solar projects. It oversees the complete lifecycle of floating solar projects, from concept to commissioning, and operation and maintenance.
AMPYR Distributed Energy (ADE), an investor in renewable energy solutions and part of the AGP Group, has <a href="https://mercomcapital.com/ampyr-distributed-energy-acquires-eden-sustainable/" target="_blank" rel="noopener">announced</a> the acquisition of Eden Sustainable (Eden), a solar PV developer, funder, installer, and O&amp;M across the U.K. for commercial real estate. Eden will retain its brand, experienced team, and Exeter-based headquarters following the acquisition. ADE will provide strategic support, working closely with Eden to accelerate the growth of their combined project pipeline.
For reports and trackers on funding and M&amp;A transactions in solar, energy storage, and smart grid sectors, click <a href="https://mercomcapital.com/clean-energy-reports/" target="_blank" rel="noopener">here</a>.
Read last week&#8217;s funding <a href="https://www.mercomindia.com/funding-and-ma-roundup-sention-technologies-raises-5-million" target="_blank" rel="noopener">roundup</a>.

SunStrong Capital Holdings (<a href="https://sunstrongmanagement.com/" target="_blank" rel="noopener">SunStrong</a>), a provider of financing solutions for the residential solar sector, has announced the successful closing of a $254 million securitization backed by residential solar and battery system loan agreements.
The transaction was structured with four classes: a $169.1 million AA-rated Class A and a $67.1 million A-rated Class B, which were issued; a $9.4 million BBB-rated Class C; and an $8.2 million BB-rated Class D, which were retained. The Class A notes and Class B notes were both placed in the public asset-backed securitization market, with coupons of 6.19% and 6.70%, respectively.
The notes are supported by a $349.4 million portfolio of solar loan obligations, financing 8,639 residential systems spread across 33 states, with a total generation capacity of 68 MW.
SunStrong was established through the acquisition of legacy SunPower assets, including over 110,000 solar loan and lease systems, and is dedicated to managing distributed energy assets.
“We’re proud to have worked alongside SunStrong and its partners on this landmark securitization, which showcases the strength of the underlying assets, the value of independent servicing, and the power of innovative structuring and disciplined execution,” said Spencer Hunsberger, Head of Energy Origination at ATLAS.
ATLAS SP Partners, the warehouse finance and securitized products business majority owned by Apollo funds, served as the sole structuring agent and sole bookrunner on the transaction.
According to Mercom’s Q1 2025 Solar Funding and M&amp;A <a href="https://cms.mercomindia.com/product/q1-2025-solar-funding-ma-report/" target="_blank" rel="noopener">Report</a>, debt financing for the solar sector reached $3.5 billion across 23 deals, a 45% drop compared to the $6.4 billion secured in the same number of deals in Q1 2024.
Earlier this year, Sunrun, a provider of residential solar energy solutions, <a href="https://cms.mercomindia.com/sunrun-prices-629-million-in-senior-securitization/" target="_blank" rel="noopener">priced</a> $629 million in the securitization of leases and power purchase agreements. ATLAS SP Partners was the sole structuring agent and served as joint book-runner alongside BofA Securities, Morgan Stanley, MUFG, and TD Securities. First Citizens Capital Securities and ING acted as co-managers for the securitization.

SunStrong Closes $254 Million Securitization Deal

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