Copenhagen Infrastructure Partners has committed to investing $100m in renewable energy projects in India.
CIP has partnered Amp Energy India through its Copenhagen Infrastructure New Markets Fund I enabling a joint equity investment of USD 200 million in renewable energy projects in India. Amp India and CI NMF have targeted an initial 1.7 GWp portfolio of renewable energy projects representing CI NMF’s first investment in the Indian renewable energy market and its largest commitment since establishment in 2019. The portfolio comprises 900 MWp insolar PV and hybrid wind/solar PV and 800 MWp of projects in earlier stages of development.
Niels Holst, Partner and Head of CI NMF commented “As one of the world’s most dynamic and competitive renewable energy markets, India is a key focus for CI NMF and we are delighted to take this first important step together with a great partner in Amp, who combine an excellent track record and shared values in developing and realising projects.”