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Announced

The Carlyle Group to invest $374m in Amp Energy.

Synopsis

The Carlyle Group agreed to invest $374m in Amp Energy, a Canadian-based global energy transition platform. "This transaction demonstrates Carlyle's continued focus on identifying and executing upon attractive investment opportunities such as solar projects and battery storage technologies around the world that are being propelled by the energy transition. We see significant value in working with proven management teams through differentiated development platforms with significant global reach such as Amp Energy," Pooja Goyal, Carlyle Head of Renewable and Sustainable Energy and Co-Head of Carlyle Infrastructure.

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