Amber Infrastructure Group (“Amber”), the international infrastructure specialist is pleased to announce that it has formed a strategic partnership with Green Impact Partners Inc. and certain affiliates (“GIP”) a specialist low Carbon RNG and clean bio-energy developer based in Calgary, Canada.
Amber has also invested in a Dairy-Waste-to-Renewable Natural Gas Facility in Colorado acquiring a 50% interest in GreenGas Colorado. The GreenGas Colorado project is commencing operations and has been developed and constructed by GIP. Once fully operational the GreenGas project is anticipated to generate approximately 360,000 MMBtu per year.
GIP is developing a pipeline of ultra-low carbon intensity projects across the US and Canada including the Future Energy Park, expected to be North America’s largest carbon negative energy facility at an industrial site in Calgary.
The strategic agreement outlines a framework for GIP and Amber to continue to partner on future opportunities by giving Amber a first right to provide equity if the parties mutually agree to investment terms.
Tom O’Shaughnessy, Head of North America, Amber Infrastructure Group, said: Amber’s partnership with GIP will accelerate some of the most environmentally beneficial projects in North America. These projects, which are actively being supported by progressive public policies, are capable of supporting the agricultural and industrial sectors whilst lowering the environmental impact of carbon and methane emissions.
Jesse Douglas, Chief Executive Officer of GIP, said: We are very excited to announce this transformative transaction, moving forward with a leading infrastructure investment partner, that highlights the immense value of our net zero projects and development portfolio.
For further information:
Amber Infrastructure Limited
+44 (0) 7557 676 499
Amber Infrastructure Group
Amber Infrastructure ('Amber') is an international infrastructure specialist, focused on investment origination, development, asset management and in Europe, fund management. Amber’s core business focuses on infrastructure assets across the public, transport, energy, digital and demographic infrastructure sectors that support the lives of people, homes and businesses internationally.
Amber is headquartered in London with offices in Europe, North America and Australia and employs approximately 170 infrastructure professionals. Amber has in had a strategic partnership with the Hunt Group of Companies (‘Hunt’) in the US since 2015. Learn more at www.amberinfrastructure.com.
About Green Impact Partners:
Green Impact Partners is focused on creating a more sustainable future and inclusive planet by developing clean energy. GIP acquires, develops, and builds RNG and clean bio-energy projects, with the intention of building, owning, and operating a portfolio of producing facilities, and participates in a wide range of zero-carbon opportunities during every stage of the project lifecycle – from idea generation through to operations. GIP has a growing portfolio of RNG and clean bio-energy projects under development, representing over $2 billion in capital expenditures over the next three years. In its pursuit of net zero earth impact, GIP is positioned to be a leading producer of decarbonizing energy in North America. GIP’s shares trade on the TSX Venture Exchange under the symbol GIP.V. For more information about GIP and its projects, visit www.greenipi.com.