AMPIN Energy Transition Secures $50 Million Investment from Siemens Financial Services

AMPIN Energy Transition has obtained a $50 million investment from Siemens Financial Services, supporting its growth in renewable energy projects. This is AMPIN's third major investment this year, bringing total capital to $270 million. The company, based in New Delhi, leads India's renewable energy transition.

AMPIN Energy Transition has announced the acquisition of a $50 million investment from Siemens AG's financing division, Siemens Financial Services. This funding will bolster the growth of AMPIN's Commercial & Industrial (C&I) and utility-scale renewable energy projects, as well as its energy transition value chain business.

This transaction marks AMPIN's third significant investment deal this fiscal year, elevating the total equity capital raised to $270 million. The investment underscores the company's unique business model, as noted by Pinaki Bhattacharyya, AMPIN's Founder, MD, and CEO.

Headquartered in New Delhi, AMPIN Energy Transition stands as India's premier renewable energy transition company, boasting an impressive portfolio of 5 GW spread across 22 states, attracting significant attention from global investors in Europe, North America, and Asia.

(With inputs from agencies.)