Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II (CI GMF II), has expanded its existing partnership with AMPIN Energy Transition to deliver 2 additional gigawatts-peak of renewable-energy projects across India through joint equity investments of more than $300 million.
When combined with the existing partnership, which was formed in 2021, this new agreement delivers a $2.7 billion to $3 billion renewable-energy asset base in India.
For this extended partnership, CI GMF II and AMPIN Energy Transition are targeting a portfolio composed of solar, wind, hybrid and storage technologies. The partnership will focus on large-scale and central grid connected renewable-energy projects in India.
“India is one of the world’s most important and dynamic renewable-energy markets and a key focus for our growth markets funds,” said Peter Sjøntoft, partner at CIP. “We are very happy to be expanding our collaboration with our trusted partners a
