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AMPIN Energy Transition Raises USD 50 Million from FMO to Accelerate India’s Renewable Energy Growth

AMPIN Energy Transition has secured a USD 50 million investment from FMO, the Dutch entrepreneurial development bank, to drive the development of new greenfield renewable energy projects across India.

The company stated that this long-term funding marks a key milestone in expanding its clean energy portfolio nationwide. The investment directly supports India’s broader goal of achieving 500 GW of non-fossil fuel-based power capacity by 2030 and aligns with FMO’s strategy to scale its climate mitigation-focused investments.

Pinaki Bhattacharyya, Founder, MD and CEO of AMPIN Energy Transition, noted that the partnership strengthens the company’s ability to deliver high-quality renewable energy solutions for commercial & industrial (C&I) as well as utility-scale customers. “FMO’s confidence in our vision reinforces our commitment to building a sustainable and climate-aligned energy future while meeting global environmental and social benchmarks,” he said.

Marnix Monsfort, Director of Energy at FMO, highlighted that the collaboration will support AMPIN’s expansion across different technologies and customer segments. He added that the fully green facility provides a long-term, scalable solution to the company’s capital expenditure needs, reflecting FMO’s ongoing commitment to supporting India’s clean energy transition.