Linklaters advises on AM Green’s US$660m financing

Linklaters acted for the placement agents and investors on the successful issuance of senior secured notes due 2027 and a senior secured loan facility for an aggregate amount of US$660m by AM Green Power B.V., which is being guaranteed by AM Green B.V. (AM Green). 

AM Green, co-founded by the founders of Greenko Group, is one of India's leading energy transition solutions providers. AM Green is developing production capabilities for green molecules, including green hydrogen, green ammonia, biofuels, e-methanol, sustainable aviation fuels and various downstream high-value chemicals for global industrial decarbonisation.

The proceeds from the financing were used by AM Green Power B.V. to, inter alia, acquire part of the shares held by Orix Corporation in the share capital of Greenko Energy Holdings.

The Linklaters team was led by Amit Singh, partner and Head of India Practice, together with capital markets partner Michele Discepola. The transaction drew on the full strength of Linklaters’ cross-jurisdictional and multi-disciplinary network, spanning the firm’s Singapore, Amsterdam, Luxembourg and New York offices. The dedicated team included Singapore-based banking partner Fiona Gray and corporate partner Sophie Mathur; Amsterdam-based capital markets partner Alexander Harmse; Luxembourg-based corporate partner Rémy Bonneau and capital markets partner Melinda Perera; and New York-based banking partner Philip Lee. This collaboration underscores Linklaters’ ability to deliver seamless, coordinated advice on complex, cross-border mandates for clients worldwide.