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Ampin Energy Transition secures $50-M from Dutch development bank FMO
New Delhi-based renewable energy player Ampin Energy Transition has raised USD 50 million from FMO, the Dutch entrepreneurial development bank.Founded in 2016, AMPIN Energy Transition manages a portfolio of 5 GWp across 23 states.
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Between Aug 2019 and Nov 2024, AMPIN Energy Transition had attracted about USD 624 M from Lightrock India, Copenhagen Infrastructure Partners, AIIB, Intermediate Capital Group, responsAbility and others.For FY24, AMPIN Energy Transition had reported about INR 338 Cr in Operating Income and about INR 120 Cr in Net Loss.