Lazard Sustainable Private Infrastructure Fund has successfully sold its stake in Shawton Energy Limited to AMPYR Distributed Energy, achieving an approximate 20% internal rate of return.

Information on the Target

Shawton Energy Limited is a prominent provider of comprehensive solar energy solutions tailored for businesses across the United Kingdom. The company has established itself in the renewable energy sector by focusing on long-term rooftop power purchase agreements (PPAs) that cater to a diverse range of corporate clients. Since the Lazard Sustainable Private Infrastructure Fund's investment in 2023, Shawton has made significant strides including the commissioning of multiple PPA projects and the development of the Point Lane solar farm, which boasts an 8.6 MWp capacity.

With a robust forward pipeline of projects, Shawton Energy is well-positioned for substantial growth. The firm has strategically expanded its project financing capabilities and multi-site framework agreements with several leading clients, establishing a strong operational base that marks its presence in the growing UK distributed energy market.

Industry Overview in the UK

The renewable energy sector in the United Kingdom has witnessed unprecedented growth over the past decade, driven by governmental initiatives aimed at reducing carbon emissions and increasing renewable energy targets. The UK has mad