Copenhagen, 3 April 2025 — AIP Management (“AIP”), a leading investor in energy and decarbonisation infrastructure, has agreed to invest in Silicon Ranch, one of the largest independent power producers (“IPP”) in the US and a community-focused energy infrastructure company. The transaction reflects AIP’s conviction in the long-term fundamentals of the US clean energy sector and marks its second investment in a renewables platform following a previous transaction in Europe.
Founded in 2011 and headquartered in Nashville, Tennessee, Silicon Ranch is a fully integrated IPP with a strong track record of developing, constructing, owning, and operating utility-scale energy infrastructure projects across 15 US states and Canada. The company is best known for its pioneering work in the Southeast as the first to deploy utility-scale solar in Tennessee, Georgia, Mississippi, Arkansas, and Kentucky. Silicon Ranch also has the largest wholly owned agrivoltaics portfolio in the US under Regenerative Energy®, its nationally recognised holistic approach to project design, construction, and land stewardship. This model incorporates regenerative ranching and other regenerative land stewardship practices to restore soil health, promote biodiversity, and improve water quality at its sites.
Silicon Ranch’s portfolio includes 3.6 GW of operating capacity and another 3.7 GW in construction or under contract across the US. Armed with a near- and mid-term development pipeline of more than 12 GW of quality assets, the company aims to reach more than 10 GW of operating capacity by the end of 2030. Its customer-driven approach and in-house engineering, procurement, and construction capabilities enable it to secure premium project locations, execute long-term power purchase agreements (PPAs), and deliver high-quality operational assets.
“This investment builds on our strategy of partnering with high-quality infrastructure platforms. Silicon Ranch is a leading IPP with profound local expertise, an embedded presence in the communities it serves, and a fully integrated approach to delivering clean power at scale,” said Kasper Hansen, CEO and Managing Partner of AIP. “Our investment supports its continued growth and reflects our confidence in businesses with strong fundamentals and the ability to drive the energy transition forward.”
“Silicon Ranch is pleased to welcome AIP as our newest strategic partner and eager to add their rich experience in long-term infrastructure investment and deep understanding of our sector to our shareholder base. With the support of AIP and our other shareholders, Silicon Ranch is well-positioned to execute our growth strategy as we partner with our diverse set of customers to deliver necessary energy infrastructure, all while helping American communities become stronger, healthier, and more resilient,” said Reagan Farr, President and CEO of Silicon Ranch.
US electricity demand is expected to rise significantly in the next several years, driven by industrial growth, AI and data centres, and manufacturing reshoring. As an established IPP with long-term PPAs averaging 21 years and a high-quality offtaker base, Silicon Ranch is well-positioned to play a meaningful role in helping serve the unprecedented load growth across the country. As a result of its land ownership strategy, Silicon Ranch maintains long-term optionality to re-power and re-contract existing assets, yielding additional upside for an increasingly scarce asset class.
The investment reinforces AIP’s confidence in the resilience of US clean energy and the strong fundamentals supporting large-scale renewables. With a disciplined approach and a focus on high-quality assets, AIP continues to identify compelling opportunities that deliver stable, long-term returns across market cycles.
Silicon Ranch’s strong existing shareholder group, including Shell, Manulife Investment Management, and TD Asset Management, provides strategic alignment and industry expertise. TD Asset Management, Silicon Ranch’s first institutional shareholder through the TD Greystone Infrastructure Fund in 2014, also joined AIP in the equity raise process, increasing its long-term shareholdings in support of the company.
The transaction is subject to customary regulatory approvals.
About AIP Management
AIP specialises in decarbonisation and energy infrastructure investments that facilitate the energy transition in Europe and North America. Our team comprises 90 professionals with extensive expertise in investments and energy working from Copenhagen, London, Madrid, and New York. To date, AIP has invested over €7 billion in infrastructure assets. This includes renewable energy assets with a capacity of approximately 7 GW. Once fully operational, AIP’s investments, will contribute to avoiding 10 million tons of greenhouse gasses and support about 6 million households with renewable electricity. AIP is part of Storebrand, a Nordic financial group, which owns 60% of AIP.
Visit us at aipmanagement.dk
For further information, please contact:
Brackendale Consulting
Archie Graves: [email protected] or (+44) 7803 261488
Daniella Okoli: [email protected] or (+44) 7377 842413
About Silicon Ranch
Founded in 2011, Silicon Ranch is a fully integrated provider of customized solar energy, battery storage, and carbon solutions. The company is one of the largest independent power producers in the U.S., with a portfolio that includes more than seven gigawatts of solar and battery storage systems that are contracted, under construction, or operating across the U.S. and Canada. Silicon Ranch owns and operates every project in its portfolio and has maintained an unrivalled track record of project execution. Silicon Ranch has the largest wholly owned agrivoltaics portfolio in the country under Regenerative Energy®, its nationally recognized holistic approach to project design, construction, and land stewardship. This model incorporates regenerative ranching and other regenerative land stewardship practices to restore soil health, promote biodiversity, and improve water quality. Silicon Ranch’s carbon solutions platform, Clearloop, helps businesses of all sizes reclaim their carbon footprint by commissioning new siliconranch.com and clearloop.us. Follow Silicon Ranch on Facebook, Instagram, and LinkedIn.
Silicon Ranch Media Contact: [email protected]