ResponsAbility to invest in Ampin Energy Transition

10 May 2024 CW Team

ResponsAbility, a leading impact investment firm, has announced plans to invest up to $35 million in Ampin Energy Transition, a renewable energy company based in India. This investment underscores ResponsAbility's commitment to supporting sustainable energy initiatives in emerging markets.

Ampin Energy Transition focuses on developing and operating renewable energy projects, particularly in solar and wind energy sectors. The company aims to contribute to India's transition towards clean and sustainable energy sources while addressing the nation's growing energy needs.

The investment from ResponsAbility will provide crucial financial support to Ampin Energy Transition, enabling the company to expand its renewable energy portfolio and accelerate its efforts towards achieving energy transition goals. This partnership highlights the increasing interest from impact investors in supporting initiatives that promote environmental sustainability and combat climate change.

By investing in Ampin Energy Transition, ResponsAbility aims to not only generate attractive financial returns but also create a positive social and environmental impact. The investment aligns with ResponsAbility's mission to finance businesses that drive positive change and contribute to sustainable development in emerging economies.

Both ResponsAbility and Ampin Energy Transition are optimistic about the partnership's potential to drive significant progress in India's renewable energy sector and contribute to the global fight against climate change. This investment reaffirms ResponsAbility's commitment to supporting innovative and impactful solutions that address pressing global challenges while generating sustainable returns for investors.

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