Stonebriar Commits $300MM Capital to Accelerated Mobile Power



Stonebriar Commercial Finance committed capital of $300 million to Accelerated Mobile Power (AMP), facilitating the acquisition of leading-edge low emissions mobile power generation assets.

“We are honored to partner with the AMP team as they build their power generation fleet and serve the electricity needs of customers in the energy industry and beyond,” Reagan Rorschach, senior managing director at Stonebriar, said. “Increasing electrical power demand will drive their growth for the foreseeable future. We are proud to be a part of their solution.”

“Stonebriar has been a great partner,” Dave Bosco, vice president of business development at AMP, said. “Their deep understanding of our business and capital commitment and will help us execute our strategy and serve the growing market need for clean electric power.”

“US power demand is growing, and power grid resources are struggling to keep the pace,” Travis Simmering, president and CEO of AMP, said. “Stonebriar’s capital will help us secure and deploy over 393MW of power generation assets by the end of 2024. The partnership will further help us achieve our goal of 1GW by 2027.”


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com