AMPYR Solar Europe (ASE), a joint venture between AGP Sustainable Real Assets, Hartree Partners and NaGa Solar Holding B.V., developing over 6 GW of solar projects across the UK, the Netherlands and Germany.

Ampyr Solar Europe

Built and operated by AMPYR Solar Europe (ASE), the solar power station will cover a total area of c.a. 40 acres and is expected to produce more than 9,000 MWh of green energy annually - enough to power the equivalent of over 2,100 homes. It will displace 2,850 tons

of CO2 each year compared to traditional energy production.

This agreement plays a pivotal role in Multiplex's sustainability journey, in line with its 'One Decade to Act' commitment launched in 2021. The initiative outlines the actions Multiplex will undertake to drastically cut its carbon emissions and reach its climate target of net zero carbon by 2025.

Steve Mason, Chief Commercial Officer at AMPYR Solar Europe commented: "AMPYR Solar Europe continues its journey towards becoming a leading European IPP with world class assets in the UK, as well as in Germany and the Netherlands. I am pleased that this

transaction builds on the capabilities of the commercial team at AMPYR Solar Europe. We are proud to be able to offer innovative PPA products, providing offtakers with the price and supply certainty they require to meet their sustainability goals. ASE is also delighted to

support Multiplex with its ongoing 'One Decade to Act' commitment."

Following Multiplex's commitment to a Renewable Energy Power Purchase Agreement in 2021, the first of its kind for construction in the UK, this deal will allow Multiplex to procure renewable electricity from this new-build solar PV project, meaning it will be considered

additional. This ensures that Multiplex's procurement of renewable energy directly leads to verifiable emission reduction and more renewable energy production, supporting the UK's national decarbonisation goals."

At Multiplex, we are committed to making a lasting difference in the environment, for individuals, and for communities," said Tom Marke, Business Performance Director at Multiplex.

"This agreement marks significant progress in our efforts to reduce our carbon emissions and contribute to the industry's journey towards decarbonisation."

The solar power station is expected to be fully operational by Q4 2024 and will provide renewable energy to Multiplex's construction sites and offices across the UK.

AMPYR Solar Europe and Multiplex Sign PPA for Solar Power Station in Norfolk

Following Multiplex's commitment to a Renewable Energy Power Purchase Agreement in 2021, the first of its kind for construction in the UK, this deal will allow Multiplex to procure renewable electricity directly from the Solar PV Generating Station. The additionality clause, ensures that Multiplex's self-generated renewable energy directly leads to verifiable emission reduction and more renewable energy production, supporting the UK's National Grid decarbonization goals.

Built and operated by Ampyr Solar Europe, the solar power station will cover a total area of c.a. 40 acres and is expected to produce more than 9,000 MWh of green energy annually - enough to power the equivalent of over 2,100 homes. It will displace 2,850 tons of CO2 each year compared to traditional energy production, equivalent to taking 675 cars off the road for a year.

This agreement plays a pivotal role in Multiplex's sustainability journey, in line with its "One Decade to Act" commitment launched in 2021. The initiative outlines the actions Multiplex will undertake to drastically cut its carbon emissions and reach its climate target of net zero carbon by 2050.

Purchased electricity contributed to a portion of Multiplex's overall carbon emissions in 2022. Through securing a long-term supply of renewable power, this will contribute to zero onsite emissions and a reduction of Scope 2 emissions (indirect emissions from purchased electricity). Additionally, Multiplex aims to attain net zero building operations, zero emissions transport, and zero avoidable waste, by 2030.

Tom Marke, Business Performance Director, Multiplex, said. "At Multiplex, we are dedicated to making a lasting difference in the environment, for individuals, and for communities. This agreement marks progress in our efforts to reduce our carbon emissions and contribute to the industry's journey towards decarbonization."

Steve Mason, Chief Commercial Officer at AMPYR Solar Europe, commented, "AMPYR Solar Europe continues its journey towards becoming a leading European IPP with world class assets in the UK, as well as in Germany and the Netherlands.

"I am pleased that this transaction builds on the capabilities of the commercial team at AMPYR Solar Europe. We are proud to be able to offer innovative PPA products, providing offtakers with the price and supply certainty they require to meet their sustainability goals. ASE is also delighted to support Multiplex with its ongoing 'One Decade to Act' commitment."

Targeting being fully operational by Q4 2024, the power generated will be used across Multiplex's construction sites and offices in the UK.

PV - Multiplex Accelerates Net Zero Goals with Ampyr Solar Europe Partnership  - Renewable Energy Magazine, at the heart of clean energy journalism

Dutch brewery Royal Grolsch has agreed to source electricity from a 22-MW-plus portfolio of solar parks that are currently being built by AMPYR Solar Europe in the Netherlands.

The two companies announced this on Thursday, saying that they signed a multi-year virtual power purchase agreement (VPPA). The exact term of the contract was not mentioned.

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Grolsch is part of Asahi Europe & International, which, in turn, is owned by Japanese beverage and food company Asahi Group Holdings Ltd (TYO:2502). The European business' goal is to become carbon neutral across all its breweries by 2030 and across its wider supply chain by 2050.

The current development pipeline of AMPYR Solar Europe exceeds 2 GWp in the Netherlands and nears 7 GWp when counting German and UK projects, as well. A couple of weeks ago, the company said it has acquired a 390-MWp portfolio of solar PV and battery energy storage system (BESS) projects across the UK from local renewables developer Tyler Hill.

"AMPYR Solar Europe has developed a strong pipeline of solar assets across the Netherlands, which we will build out over the coming years," said Stephen Mason, chief commercial officer of the London-based independent power producer (IPP).

Ampyr Solar Europe

AMPYR Solar Europe and Multiplex Sign PPA for Solar Power Station in Norfolk

PV - Multiplex Accelerates Net Zero Goals with Ampyr Solar Europe Partnership - Renewable Energy Magazine, at the heart of clean energy journalism

Dutch brewer Grolsch signs VPPA with AMPYR Solar Europe