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

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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.