AMPIN Energy Transition Private Limited
Status: Proposed investmentWhy disclosure?
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In case of questions
We welcome feedback on this proposed investment opportunity for FMO. The ending of the proposed investment phase is indicated on the right side of this page. In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our prospective customer?
AMPIN Energy Transition (“AMPIN”) is a leading renewable energy company with a total portfolio of 5 GWp across 23 states in India. Headquartered in New Delhi, with regional offices in Mumbai, Bangalore, and Kolkata, the company is led by a team of seasoned industry professionals and backed by top-tier institutional investors from Europe and Asia. AMPIN provides renewable energy solutions to both Commercial & Industrial (C&I) and utility-scale customers, helping them reduce operating costs while accelerating their sustainability goals. With a balanced and diversified portfolio, the company plays a key role in India’s clean energy transition. AMPIN aims to scale its renewable energy capacity to 10 GWp by 2030, reinforcing its commitment to a greener future. In addition to its core renewable energy generation business, AMPIN’s energy transition initiatives also include strategic areas such as energy trading, solar cell and module manufacturing, green hydrogen, and energy storage.
What is our funding objective?
The financing will consist of a USD 50 million (equivalent in INR) corporate facility. The use of proceeds of the loan will go to the development of greenfield renewable energy projects and the refinancing of existing financing attracted for the purpose of greenfield renewable energy projects.
Why do we want to fund this investment?
The financing will aim to support the expansion of the renewable energy portfolio of AMPIN. This closely aligns with the strategic objectives of FMO to increase its investment in climate mitigation measures and supports India’s target of achieving 500 GW non-fossil fuel capacity by 2030. The financing is expected to be labelled 100% Green.
What is the Environmental and Social categorization rationale?
The E&S category for this opportunity is classified as A, per FMO's Sustainability Policy, due to the potential to finance utility-scale and/or commercial & industrial (C&I) renewable energy projects. Projects are not yet identified. All IFC Performance Standards (PS1–PS7) are triggered on a precautionary basis. The Borrower has a corporate-level Environmental and Social Management System (ESMS) aligned with IFC Performance Standards. However, project-level risk management remains unclear and will be evaluated during due diligence (DD). Mitigants will be defined once projects are known and assessed. These will be captured in an Environmental and Social Action Plan (ESAP) to be agreed between AMPIN and FMO.
- Website customer/investment
- https://ampin.energy/
- Region
- Asia
- Country
- India
- Sector
- Energy
- Publication date
- 8/29/2025
- Deadline for feedback
- 10/28/2025
- Total FMO financing
- INR 4312.53 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - A