AMP Energy India raises equity funding from Copenhagen Infrastructure Partners

13 Aug 2021 PDF
Subject Deal alerts
Categories Power and Energy
Jurisdictions India

EY has successfully advised AMP Energy India Private Limited (AMP Energy India) in raising $US100 million from Copenhagen Infrastructure Partners (CIP) through its Copenhagen Infrastructure New Markets Fund I (CI NMF) to enable the addition of ~1.7 GWp of utility and C&I renewable energy projects.

The agreement enables joint equity investments in excess of $US200 million in renewable energy projects in India, with the potential for future expansion. 

EY acted as the exclusive financial advisor to AMP Energy India Private Limited.

AMP Energy India is one of the fastest growing integrated renewable energy power producers in India. With a pan India presence and a world class team with proven experience in developing, financing, building and operating GW scale renewable energy project portfolios, AMP Energy India is targeting an overall portfolio size of 5 GWp in India.  AMP Energy India is backed by leading international institutional investors from North America, Europe, Japan and India.

Copenhagen Infrastructure Partners (CIP) specialises in energy infrastructure investments and is among the largest fund managers globally within renewables. CIP manages eight funds and has approximately EUR 16 billion under management.  CIP’s funds have approximately 100 international institutional investors from the Nordics, Continental Europe, the UK, Israel, Asia, Australia, and North America and multi-lateral organizations.

We are pleased to continue our track-record of closing marquee transactions in the renewable energy space in India. CIP is the world’s most renowned renewable energy focused fund and this is their first investment in India as well as their largest commitment from Copenhagen Infrastructure New Markets Fund I since its establishment in 2019.
Kuljit Singh
Partner, Investment Banking Advisory, EY