Wilson Sonsini Advises Amogy on $46 Million Financing
- Client Highlights
- Climate and Clean Technologies
On June 23, 2022, Amogy, a pioneer of emission-free, energy-dense ammonia power solutions, announced that it closed on $46 million additional capital. The bridge round was led by SK Innovation along with Amazon through its Climate Pledge Fund, AP Ventures, Saudi Aramco Energy Ventures, and Newlab. Wilson Sonsini Goodrich & Rosati represented Amogy in the transaction.
Amogy will use the additional investment to accelerate the commercialization of its energy-dense power solution that will decarbonize heavy-duty transportation and enable leading cargo and fleet owners to eliminate fossil fuels and reduce emissions from their supply chain.
The Wilson Sonsini team that advised Amogy in the transaction included Randy Lewis, Kevin Rogan, Cassie Wetzel, Leslie Stolper, Bridget Grier, and Tamra Mast.
For more information, please see Amogy's news release. Additional coverage can be found on Axios and Reuters.