Reuters
India's AMPIN gets equity investment of up to $100 million from Norfund
xCruzo Brief
India’s AMPIN Energy Transition said on Monday it secured an equity investment of up to $100 million from Norway’s Norfund. The funding provides fresh backing for the company to expand its renewable energy operations. The announcement was reported by Anuran Sadhu in Bengaluru, with editing by Sonia Cheema. The Reuters item was also corrected to remove references in a prior version to Sumitomo Corp of Japan and Copenhagen Infrastructure Partners of Denmark. In the updated report, the focus remains on AMPIN’s new equity support from Norfund and the planned growth of the Indian renewables business.
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