Climate Fund Managers (CFM), the manager of the Climate Investor One (CI1) financing facility, has announced a partnership with renewable energy developer Ampyr Energy for the development, construction and ownership of onshore wind farms located in the state of Karnataka, India, with a total capacity of 138MW.
CI1’s Construction Equity Fund has invested US$ 32 million for the construction of the 38MW Balenahalli project, which will be the first project constructed under this partnership. The Balenahalli Project will deliver an estimated 149 GWh of clean energy annually.
