AMPIN Energy Transition said that it has secured $50 million investment from FMO, the Dutch entrepreneurial development bank, which will be utilised for the development of greenfield renewable energy projects.

This long-term investment marks a significant milestone in supporting AMPIN’s continued expansion of its renewable energy portfolio across India.

The investment aligns with FMO’s strategic objective of scaling its investments in climate mitigation initiatives and directly contributes to India’s national target of achieving 500 GW of non-fossil fuel energy capacity by 2030.

Marnix Monsfort, Director Energy at FMO, said: “We are happy to partner with AMPIN in its next phase of growth and to support its energy transition initiatives across customer segments and technologies. This in

See Full Page