AMPIN secures investment from FMO for renewable project expansion

AMPIN Energy Transition Private Limited has received a 50 million dollar investment from FMO, the Dutch entrepreneurial development bank that invests in more than 85 countries. AMPIN will use the funding to build new greenfield renewable projects in India and expand its clean energy portfolio.

The investment aligns with FMO’s plan to increase climate focused financing. It also supports AMPIN’s growth strategy in the domestic renewable market. Pinaki Bhattacharyya, Founder, MD and CEO of AMPIN Energy Transition, said the support will help the company scale high quality renewable systems and deepen its commitment to environmental and social standards. He said the funding signals investor confidence in AMPIN’s work across industrial and infrastructure sectors.

Marnix Monsfort, Director Energy at FMO, said the partnership supports AMPIN’s next stage of expansion. He said the financing arrangement is aimed at meeting AMPIN’s capital expenditure needs and enabling the rollout of renewable systems across customer segments and technologies. He described the investment as a fully green facility that reflects FMO’s focus on responsible financing and India’s energy transition.

The partnership marks a significant step for both organisations as they work to advance clean energy deployment and support India’s shift to a low carbon economy.

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