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India - AMPIN gets US$50m investment
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By Marc HoweAMPIN Energy Transition has obtained a US$50m long-term green loan from Dutch development bank FMO to support the development of greenfield renewable energy projects in India. AMPIN ceo Pinaki Bhattacharyya said the investment would strengthen its ability to deploy renewable projects for utility-scale customers. AMPIN has a portfolio of 5GW in renewable energy projects across 23 states in India, including solar, wind and storage projects. FMO supports sustainable private sector growth in emerging markets, and has a portfolio of US$15.73bn in investments across 85 countries.
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