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Announced

ICG to invest $50m Amp Energy India.

Synopsis

ICG, an alternative asset manager, agreed to invest $50m Amp Energy India, a renewable energy platform. "We are very pleased to announce our partnership with Amp India as the first investment for ICG’s Asia-Pacific Infrastructure. The rapidly growing demand for renewables and energy transition solutions throughout India presents an enormous opportunity in the market that we are well-positioned to capitalize on across the value chain. We believe strongly in the management team’s proven capabilities and are confident in the Company’s ability to execute on its growth strategy and scale effectively," Devarshi Das, ICG Head of Asia-Pacific Infrastructure.

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