Saraf and Partners acts for AMPIN Energy Transition Private Limited (AMPIN) in a fund raise of USD 50 Million from Siemens Financial Services, the financing arm of Siemens AG.

Saraf and Partners acts for AMPIN Energy Transition Private Limited (AMPIN) in a fund raise of USD 50 Million from Siemens Financial Services, the financing arm of Siemens AG (Siemens). Siemens subscribed to a mix of equity shares and preference shares of AMPIN for its capital infusion.

The Firm was involved in deal structuring, drafting of the Securities Subscription Agreement and amending and updating the existing Shareholders Agreement; negotiating and finalising 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.