AMPIN Energy Transition, a prominent Indian player in the renewable energy sector, announced on Wednesday that it has secured a $50 million (over ₹428 crore) investment from Siemens Financial Services, the financing arm of Siemens AG. The funding will be used to support the company’s expansion into commercial and industrial (C&I) renewable energy projects, utility-scale energy ventures, and its broader energy transition portfolio. This marks the third major funding round for AMPIN in the current financial year, bringing the total equity capital raised to $270 million.
Pinaki Bhattacharyya, Founder, Managing Director, and CEO of AMPIN Energy Transition, commented, “Siemens’ investment underscores the strength of AMPIN’s business model in driving energy transition. We are proud to be the only energy transition company in India to secure backing from prominent investors across Europe, North America, and Asia.”
Based in New Delhi, AMPIN Energy Transition is one of India’s leading renewable energy companies, managing a portfolio of 5 GW across 22 states. AMPIN Energy Transition is a leading renewable energy platform focused on accelerating the shift toward sustainable energy solutions. The company specializes in providing tailored renewable energy offerings, including solar and wind energy systems, energy storage, and energy efficiency solutions for industrial, commercial, and utility-scale clients.
With a strong emphasis on innovation and environmental responsibility, AMPIN Energy Transition leverages cutting-edge technology to deliver clean and reliable energy while optimizing costs for its customers. Its comprehensive approach includes project design, development, and long-term operation and maintenance, ensuring seamless and efficient energy solutions. Committed to driving the global energy transition, AMPIN is playing a pivotal role in reducing carbon footprints and fostering a sustainable future.
