AMPIN Energy Transition, a prominent player in India’s renewable energy sector, has announced it has secured a $50 million investment from Siemens Financial Services, the financing division of Siemens AG. The investment, worth over Rs. 428 crore, will help the company expand into commercial and industrial (C&I) renewable energy projects, utility-scale energy businesses, and further develop its energy transformation initiatives. This marks AMPIN’s third major funding round in the current fiscal year, raising a total of $270 million in equity.
Pinaki Bhattacharyya, Founder, Managing Director, and CEO of AMPIN Energy Transition, expressed his excitement, stating, “Siemens’ investment highlights the strength of AMPIN’s business model in driving energy transformation. We take pride in being the only energy transition company in India supported by prominent investors from Europe, North America, and Asia.”
Based in New Delhi, AMPIN Energy Transition is one of India’s top renewable energy firms, managing a portfolio of 5 GW across 22 states. The company focuses on accelerating the shift towards sustainable energy solutions, offering tailored renewable energy products such as solar and wind systems, energy storage, and energy efficiency solutions to industrial, commercial, and utility-scale clients.
AMPIN Energy Transition emphasizes innovation and environmental responsibility, using advanced technologies to deliver clean and reliable energy while optimizing costs for its customers. The company offers an integrated approach, covering project design, development, and long-term operations and maintenance, ensuring efficient and seamless energy solutions. AMPIN remains committed to driving the global energy transition, reducing carbon footprints, and contributing to a sustainable future.
