AMPYR Solar Europe, a pan-European solar developer and independent power producer, has acquired SolarEnergyWorks’ (SEW) solar business in the Netherlands. Financial terms were not disclosed.
The acquisition includes a pipeline of 100 megawatts of ready-to-build assets and 650 megawatts of assets under development. After the acquisition, AMPYR Solar Europe will have a development pipeline of more than 1 gigawatt of solar PV assets in the Netherlands, and an aggregate development pipeline of 6 gigawatts.
“SEW has successfully assembled a portfolio of high-quality solar power generation assets across the Netherlands, therefore we are delighted to have completed this acquisition,” said Alexander Koeman, managing director of AMPYR Solar Europe Netherlands. “The acquisition of SEW complements our existing Dutch business very well and will help accelerate our long-term plans in terms of portfolio growth, talent addition, local presence and the renewable energy transit