AMPIN Energy, Copenhagen Infrastructure Expand Partnership

AMPIN Energy Transition and Copenhagen Infrastructure Partners (CIP) have announced a second partnership to develop approximately 2 GWp of renewable energy projects in India, backed by an investment of over $300 million. This collaboration aims to create a renewable energy asset base of around $1.5 billion, following their initial partnership in 2021, which started with a $200 million commitment and was later expanded to $100 million. The new agreement will focus on large-scale solar, wind, hybrid, and storage projects connected to India's central grid. AMPIN's CEO, Pinaki Bhattacharyya, emphasized the partnership's role in advancing India's renewable energy transition and achieving energy independence. CIP's partner, Peter Sjøntoft, highlighted India as a key focus for their Growth Markets Funds, aiming to generate local growth and job creation. The partnership reflects a strong commitment to driving innovation and sustainable value creation in the renewable energy sector.