AMPIN Energy raises $50 million from FMO for greenfield renewable energy expansion

AMPIN Energy Transition Private Limited has raised $50 million from FMO, a Dutch investment bank, to develop greenfield renewable energy projects across India. The long-term investment will support the company’s ongoing portfolio expansion in both the commercial and industrial, and utility-scale segments. The funding aligns with FMO’s strategy to scale climate mitigation investments and supports India’s target of achieving 500 GW of non-fossil fuel capacity by 2030.