Wilson Sonsini Advises Amogy on $46 Million Financing
- Client Highlights
- Clean Technology
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.