05:49 AM EDT, 09/01/2026 (MT Newswires) -- Ampeak Energy (AMP.L) said Tuesday it sold a 24.7% equity stake in the AW1 Battery Storage development at its Uskmouth Sustainable Energy Park in the UK for 7.8 million pounds sterling. The London-listed energy project developer sold the interest to JBR Energy Holdings, a special-purpose vehicle owned by directors of its construction partner in the project, Jones Bros. Ruthin (Civil Engineering) Co. Ampeak retained majority ownership of the project, with a 50.6% stake, following the transaction. It earmarked proceeds from the sale for its development portfolio in and out of the UK.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.