ICG backs Amp Energy with $50 mn in APAC infra debut
Mint Mumbai|June 01, 2023
ICG has also acquired an option to invest an additional $50 million in Amp Energy, the company said.
Aman Malik
ICG backs Amp Energy with $50 mn in APAC infra debut

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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