Japan's Sumitomo Mitsui Banking Corp. (SMBC), Asian Infrastructure Investment Bank (AIIB), and private equity firm Intermediate Capital Group (ICG) have committed to invest $250 million in Amp Energy India, the company's chief executive officer and managing director Pinaki Bhattacharyya said.
The transaction will soon be formally announced and the proceeds will be used to drive the company's expansion plans. Bhattacharya co-founded the local arm of the renewable energy company Amp Energy. The firm has a presence in India, the US, Canada, Australia, Japan and Europe.
EY is serving as the financial advisor for the transaction for Amp Energy India. "I welcome the three new marquee investors who have reposed their faith in us with their maiden investments to participate in the unstoppable energy transition journey in India," Bhattacharyya said.
Diese Geschichte stammt aus der June 12, 2023-Ausgabe von Mint Mumbai.
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