New Delhi, India, March 28, 2025: Saraf and Partners acted for AMPIN Energy Transition Private Limited (AMPIN) in a USD 50 million fundraising from Siemens Financial Services, the financing arm of Siemens AG (Siemens). Siemens subscribed to a mix of equity and preference shares of AMPIN for its capital infusion.
The Firm was involved in deal structuring, drafting the Securities Subscription Agreement and, amending and updating the existing Shareholders Agreement, negotiating and finalizing these transaction documents with Siemens and the exiting investors of AMPIN. The Firm also provided closing assistance to AMPIN post-execution of these transaction documents.
The transaction team was led by Partner Avirup Nag.
Notably, Siemens’s infusion in AMPIN, marks AMPIN’s third major investment transaction this financial year (Saraf and Partners represented AMPIN in all three fund raises), bringing the total equity capital raised in this FY to USD 270 million, and taking the total equity capital raised by AMPIN to nearly USD 700 million to create a capital deployment pool of over USD 4 billion.
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