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Announced

Prospect14 and a consortium of energy investors and operators to form a joint venture.

Synopsis

Prospect14, a solar energy developer, and a consortium of energy investors and operators to form a joint venture, Ampliform, with participation from the Jones Family Office, Barings and the George Kaiser Family Foundation. Financial terms were not disclosed. "We are very excited to partner with such experienced investors and power plant operators to drive the deployment and optimization of solar + storage projects at scale. Brad, Steve, and John have had tremendous success optimizing power plants, managing quantitative energy trading operations, building robust trading and operational data analysis infrastructure, and putting in place innovative financing for energy projects. That experience combined with our ability to pinpoint interconnection opportunities and scale them quickly in targeted markets is unique within the industry and will be invaluable as Ampliform transitions towards a merchant model," Carl Jackson, Prospect14 Partner.

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