Pinaki Bhattacharyya, Founder, MD and CEO of Amp Energy India said, “With this round we are on our way to be the leading energy transition platform in the country.”
SMBC is a Japanese multinational banking and financial services institution headquartered in Tokyo, Japan. The group operates in retail, corporate, and investment banking segments worldwide.
Rohit Nanda, Head of Equity Group–Infrastructure team, Asia at SMBC said, “Since our initial investment in 2018, Amp India has shown remarkable resilience and achieved an impressive growth even during the pandemic period. We see tremendous potential in their C&I expertise and march into the utility field.”
ICG is a LSE-listed, leading global alternative asset manager with over 30 years’ history, managing $68.5 billion of assets and investing across the capital structure.
AIIB is a multilateral development finance institution that provides capital for infrastructure development projects. AIIB began operations in January 2016 and has since grown to 106 approved members worldwide with capitalization at $100 billionThis is the first direct equity investment of AIIBinto a renewable IPP. Founded in 2016, Amp Energy India is an integrated renewable energy power producer focused on delivering clean and green energy to both C&I (commercial and industrial) and utility customers.
The company has in the past, channelized capital financial investors including Amp Energy Group (Leading global energy transition platform), Lightrock India (Backed by the LGT group), Copenhagen Infrastructure Partners (CIP), Core India Infrastructure Fund, SMBC and CBRE Caledon.
