AMPIN Energy Transition has secured a $50 million long-term investment from FMO, a Dutch entrepreneurial development bank.

The funding will be utilized to support the development of greenfield renewable energy projects.

FMO has a total committed portfolio of €13.5 billion (~$15.73 billion) spanning over 85 countries. It supports sustainable private sector growth in developing countries and emerging markets.

AMPIN Energy has a total portfolio of 5 GW of renewable energy projects across 23 states in India. Its projects comprise a blend of solar, wind, and storage, catering to utility, commercial, and industrial customers.

The company’s clients include companies in sectors such as pharmaceuticals, automobiles, cement, steel, information and technology, and data centers.

Recently, JK Lakshmi Cement announced that it will procure power from a 9.9 MW solar project from a special purpose vehicle of AMPIN. The company invested ₹40 million (~$451,024) to acquire 26% equity in the special purpose vehicle.

In October 2025, data center company Nxtra Data, a subsidiary of Bharti Airtel, said it would procure power from a 13.2 MW solar project in captive mode from AMPIN Energy C&I Sixteen, a special purpose vehicle of AMPIN C&I. The project will be developed in the Dighol-Islampur district, Maharashtra.

In September, AMPIN commissioned a 50 MW open access solar power project in Chhattisgarh’s Bemetara district. The project supplies renewable energy to Texmaco Rail and Engineering. The project is expected to generate around 78.21 million units of electricity annually, enabling customers to replace over 80% of their conventional grid consumption with clean energy.

In July 2025, Nxtra also signed a power wheeling agreement with AMPIN for the supply of 125.65 MW of solar-wind hybrid energy through interstate transmission system-connected projects.

In June 2025, ferroalloy producer Indian Metals & Ferro Alloys announced that it will procure 40 MW of power from AMPIN Energy’s 116 MW wind-solar hybrid power project.