AMPYR Energy USA Secures Up to $200 Million Development Capital Financing Facility with Crayhill Capital Management to Accelerate Renewable Energy Projects [Yahoo! Finance]
KeyCorp (KEY)
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Source: Yahoo! Finance
projects, is pleased to announce the closing of a development capital facility of up to $200 million with Crayhill Capital Management LP ("Crayhill"). This strategic partnership aims to accelerate the advancement of AMPYR USA's portfolio of renewable energy projects across the United States. Amir Akhtar, Managing Director of Corporate Finance and Investments at AMPYR USA, stated, "Partnering with Crayhill underscores our robust project pipeline and our commitment to delivering resilient renewable energy solutions. This facility allows us to fast-track the development of our renewable energy projects in the Unites States." Shweta Kapadia, Managing Director at Crayhill, commented, "We are excited to partner with AMPYR, whose expertise in the renewable energy development sector is best-in-class. This facility provides a critical funding source for pre-NTP development expenditures associated with the expansion of AMPYR's renewable energy portfolio and will aid in the overall growth of
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