AMPIN Secures $50 Million From FMO To Expand Renewable Energy Projects In India

AMPIN Energy Transition Private Limited, one of India’s leading renewable energy transition companies, has announced a major new funding milestone with a USD 50 million investment secured from FMO, the Dutch entrepreneurial development bank. The financing will support the development of new greenfield renewable energy projects across the country and strengthen AMPIN’s efforts to expand its clean energy portfolio.

This long-term capital infusion is expected to significantly accelerate AMPIN’s growth plans in the commercial and industrial (C&I) and utility-scale solar segments. The investment is aligned with India’s national goal of achieving 500 GW of non-fossil fuel energy capacity by 2030, a key driver of the country’s clean energy transformation. For FMO, the funding supports its strategy of scaling climate-focused investments in emerging markets and enabling impactful energy transition initiatives.

Commenting on the investment, Mr. Pinaki Bhattacharyya, Founder, MD & CEO of AMPIN Energy Transition, said that the support from FMO would enhance the company’s ability to rapidly deploy high-quality renewable energy solutions. He highlighted that the partnership reinforces AMPIN’s dedication to sustainability while maintaining the highest global environmental and social standards. According to him, the new funding reflects strong confidence in AMPIN’s vision and capabilities in delivering clean power solutions across industrial and infrastructure sectors.

Speaking on behalf of FMO, Marnix Monsfort, Director Energy, expressed confidence in AMPIN’s next phase of growth. He noted that this partnership represents a long-term financing solution designed to support AMPIN’s capital expenditure requirements and facilitate the rollout of renewable energy systems across different customer groups and technologies. Monsfort emphasized that the investment is structured as a 100% green facility, demonstrating FMO’s commitment to supporting India’s energy transition while maintaining responsible financing principles.

The collaboration marks an important step for both organizations in advancing clean energy deployment and supporting India’s transition to a low-carbon future, driven by innovation, environmental responsibility, and strong investor confidence.