Solar energy developer Prospect14 announced today that it has partnered with a group of energy investors and operators to launch Ampliform, “a joint venture that will originate, develop, build, operate and optimize utility-scale solar and solar + storage projects in the United States.”
Ampliform is starting with more than 3 GW of early- and mid-stage projects under development. It expects to begin construction on the first projects next year, with plans for a development pipeline of more than 10 GW by 2025.
Prospect14 said it will provide greenfield origination, development and construction services to Ampliform.
Ampliform is backed by a consortium of investors led by the Jones Family Office along with Barings, the George Kaiser Family Foundation and others, Prospect14 noted.
Greens Ledge Renewable Partners is also investing in Ampliform.
“We’re partnering with Prospect14 on this joint venture because they have built a unique platform with a track record of using data-driven methods to site and develop solar + storage projects at scale in the nation’s most competitive energy markets,” Brad Romine, a partner at Greens Ledge Renewable Partners, said in a statement.
“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,” said Carl Jackson, a partner at Prospect14.