Copenhagen Infrastructure Partners (CIP) has agreed to invest $100 million with Amp Energy India to enable more than $200 million of joint equity investments in utility and C&I renewable energy projects in India.
The investment will be made through the Copenhagen Infrastructure New Markets Fund I (CI NMF), marking the fund’s first investment in the Indian renewable energy market and its largest commitment since its establishment in 2019.
The partnership will develop and construct a portfolio of 1.7 gigawatts-peak initially, with the goal of adding additional projects over time. The portfolio includes 900 megawatts-peak in late-stage projects (solar PV and hybrid wind/solar PV) and an additional 800 megawatts-peak of projects in earlier stages of development.
