Amp Energy India develops and operates renewable-energy projects across commercial & industrial and utility segments and holds a 2.7 GW portfolio. The company has a presence in India, the US, Canada, Australia, Japan and Europe and is pursuing expansion plans for India. Recent project wins include a 150 MW wind–solar hybrid power auction and a 1 GW solar cell and module manufacturing project under the government’s PLI scheme. The firm’s management, led by CEO Pinaki Bhattacharyya who co-founded the local arm, says proceeds from the recent transaction will be used to drive expansion. EY is serving as the financial adviser for the transaction. The Indian market’s supportive policies and rising electricity demand have attracted global investors to the sector, according to the article.

Total raised

$250M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2023