23/09/2026
Saraf and Partners acted as the counsel for ๐๐๐๐๐ ๐๐ง๐๐ซ๐ ๐ฒ ๐๐ซ๐๐ง๐ฌ๐ข๐ญ๐ข๐จ๐ง on its equity fund raise of up to USD 100 million from ๐๐จ๐ซ๐๐ฎ๐ง๐, the developmental finance institution of the Norwegian Government, through the Norwegian Climate Investment Fund.
The capital infusion takes AMPINโs total equity raised to nearly USD 1 billion, enabling capital deployment of over USD 4 billion.
This transaction is a significant milestone in Indiaโs renewable energy landscape, with AMPIN becoming the only energy transition company in India to attract leading investors from Europe, North America, and Asia. The deal reinforces Indiaโs position as a key growth market for international clean energy capital and supports the countryโs ambitious target of 500 GW of non-fossil fuel generation capacity by 2030.
The transaction team was led by ๐๐ฏ๐ข๐ซ๐ฎ๐ฉ ๐๐๐ (Partner) and comprised ๐๐ง๐ค๐ข๐ญ ๐๐๐ก๐จ๐จ (Partner Designate), ๐๐ฌ๐ก๐ฐ๐ข๐ง๐ข ๐๐๐ง๐ฐ๐๐ซ and ๐๐ง๐๐ก๐ ๐๐ฆ๐ซ๐ข๐ญ๐ข (Associates).