ICG, a UK-based alternative asset management company, said it has invested $50 million in renewable energy company Amp Energy India Pvt. Ltd in the debut transaction by its Asia-Pacific (APAC) infrastructure investment team.
ICG's APAC infrastructure investment team focuses on mid-market transactions and corporate-led deals. ICG made the final close of its Asia Pacific Infrastructure Fund IV at $1.1 billion in May last year, exceeding its $1 billion target.
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