AMPIN Energy Transition Secures USD 195 Million Green Financing from SMBC and Rabobank for 100 MW Hybrid RE Project
Ampin Energy Transition announces the successful financial close of a USD 195 Mn long-term project finance facility for our 100 MW PPA capacity hybrid renewable energy project in Andhra Pradesh, integrating solar, wind, and Battery Energy Storage Systems (BESS) to deliver reliable, dispatchable clean power during peak demand.
Transaction Highlights:
• USD 195 Mn long-term project finance facility
• 100 MW PPA capacity hybrid renewable energy project
• Integrated Solar + Wind + BESS configuration
• Aligned with the Green Loan Principles and structured in accordance with the Equator Principles
As grid dynamics continue to evolve and demand patterns become increasingly time-sensitive, storage-backed hybrid renewable energy solutions are playing a pivotal role in addressing intermittency, enhancing grid reliability, and enabling long-term energy security. The transaction reflects the growing maturity of sustainable infrastructure financing, with the project aligned to the Green Loan Principles and structured in accordance with the Equator Principles, reinforcing our commitment to responsible capital deployment and strong environmental and social governance standards.
The transaction was executed with Sumitomo Mitsui Banking Corporation (SMBC) and Rabobank acting as Mandated Lead Arrangers, Green Loan Coordinators, and Joint Structuring Banks, with support from HSF Kramer, JSA Advocates, and Aurora Energy Research and Tractebel, ensuring alignment with internationally recognized sustainable finance frameworks.
The transaction comes at a time when India’s electricity demand is becoming increasingly time-sensitive and grid dynamics continue to evolve. Storage-backed hybrid renewable energy projects can help address the intermittency associated with renewable generation while enhancing grid reliability and supporting long-term energy security.
For the transaction, SMBC and Rabobank acted as Mandated Lead Arrangers, Green Loan Coordinators and Joint Structuring Banks. The financing was supported by HSF Kramer, JSA Advocates, Aurora Energy Research and Tractebel, with the parties helping ensure alignment with internationally recognised sustainable finance frameworks.
The transaction also reflects the increasing sophistication of India’s renewable energy financing ecosystem, where technological innovation, engineering complexity and structured financing are increasingly converging to support the country’s clean energy transition.
Pinaki Bhattacharyya, Founder, Managing Director & CEO, AMPIN Energy Transition, said “This transaction marks an important milestone for AMPIN Energy Transition and reflects the strength of collaboration among all stakeholders. We are grateful to SMBC & Rabobank for its partnership and sector expertise in delivering this financing, which will support the deployment of innovative renewable energy infrastructure and advance India’s clean energy ambitions.”
Jeanne Soh, Managing Director, Head of Structured Finance Asia Pacific, SMBC, said “As energy systems become increasingly dynamic, hybrid renewable energy projects with integrated battery storage will play a critical role in enhancing grid reliability and delivering dispatchable clean power at scale. This transaction reflects the continued evolution of sustainable infrastructure financing and the strong collaboration among sponsors, lenders and advisers to bring complex energy transition projects to fruition. SMBC is proud to support this landmark project and remains committed to providing innovative financing solutions that advance energy security, economic development and decarbonisation across the region.”
Amardeep Parmar, Managing Director & Head of Project Finance Asia, Rabobank, said “We are pleased to support AMPIN Energy Transition in achieving the successful financial close of this landmark renewable energy project. This transaction highlights the growing maturity of India’s renewable energy sector and the increasing importance of integrated solar, wind and battery storage solutions in delivering reliable clean power. At Rabobank, we remain committed to supporting clients and projects that contribute to the transition towards a more sustainable and resilient energy system.”
As India advances its clean energy ambitions, transactions such as this demonstrate how innovative financing structures, disciplined risk allocation, and strong institutional partnerships are enabling the next generation of renewable energy investments while strengthening the resilience and reliability of the country’s power infrastructure. India’s renewable energy sector is entering a new phase where technological innovation, engineering complexity, and financing sophistication are converging to accelerate the country’s clean energy transition.
