AMPIN Energy and CIP to invest USD 300 million in India’s renewable projects
Author: PPD Team Date: November 21, 2024
AMPIN Energy Transition has partnered with Copenhagen Infrastructure Partners (CIP) to invest USD 300 million in renewable energy projects across India.
This joint effort aims to establish a renewable energy asset base valued between USD 2.7 billion and USD 3 billion.
Building on a USD 200 million joint equity commitment made in 2021, the collaboration highlights their focus on accelerating India’s green transformation and fostering innovation within the energy sector.
AMPIN Energy Transition currently manages a portfolio of four GW of projects across 21 states, while CIP, the world’s largest dedicated fund manager in greenfield renewable energy, is a global leader in offshore wind investments.
