Siemens Financial Services

Siemens Financial Services, established in 1997 and headquartered in Iselin, New Jersey, is a credit institution that offers innovative financing solutions to both Siemens and external companies. The firm focuses on supporting business expansion across various sectors, including healthcare, energy, and industrial markets. It provides a range of customized financial products, such as equipment financing, working capital, project and export finance, and insurance solutions. Additionally, Siemens Financial Services specializes in various debt financing segments, including senior secured corporate loans, mezzanine debt, acquisition and growth financing, as well as syndicated, revolver, and term loans. By leveraging its financial and technological expertise, the company aims to enhance competitiveness and create value for its customers.

Veronika Bienert

CEO

Steffen Grosse

CEO, Equity Finance

Iti Jain

Senior Director, Private Equity

Past deals in Utilities

AMPIN Energy Transition

Venture Round in 2025
AMPIN Energy Transition is India’s leading renewable energy transition company with a total portfolio of 5GWp+ spread across 22 states in the country. Headquartered in New Delhi with regional offices in Mumbai, Bangalore & Kolkata, AMPIN provides clean and green energy solutions to C&I and utility customers. We currently offer green power to 100+ marquee customers across 10+ Sectors such as Pharma, Auto, Data Centers/IT, FMCG, Cement, Infra, Education, Heavy Industry, Govt etc. leading to a well-balanced portfolio. Some of these customers are amongst country’s leading corporates such as Skoda Auto Volkswagen India, Cipla, Bharti Airtel, Britannia, AB InBev, Tata Hitachi, Orient Cement, L&T Metro Rail, Hewlett Packard Enterprise to name a few. AMPIN believes in building long-term relationship with its customers & act as a One Stop Shop for Energy, providing sustainable solutions across different geographies & technologies such as Solar, Wind, Hybrids, Storage & Energy Management. This helps the customers in reducing their overall energy costs & mitigating their carbon footprint. AMPIN has developed a clear roadmap & has the ability to offer a complete end to end solution of taking the customer to 100% RE. Moreover, is adept at providing sustainable solutions to meet short-term, medium-term & long-term requirements. In addition to its core renewable energy generation business, AMPIN’s Energy Transition Enablers enhance its competitive edge by driving strategic initiatives in energy trading, solar cell and module manufacturing, green hydrogen, and energy storage, allowing it to become one of India’s leading energy transition players. AMPIN is driven by an industry leading team & backed by leading institutional investors from Europe, Asia &North America. This global presence ensures highest ESG (IFC standards) & corporate governance standards & gives us the unique capability to straddle Utility Scale RE projects, Power Markets & C&I RE projects in India & beyond.

NRStor

Debt Financing in 2024
NRStor Inc., established in 2012 and headquartered in Toronto, Canada, specializes in developing, owning, and operating energy storage projects. The company focuses on accelerating the commercialization of reliable, cost-effective energy storage technologies, bridging the gap between electricity demand and renewable energy sources. NRStor serves a diverse range of clients, including grid operators, commercial entities, and utilities across North America, providing turn-key energy-as-a-service solutions. These solutions include stand-alone energy storage systems, renewable coupled systems, and microgrids, all centrally managed through a state-of-the-art operational platform. NRStor's business model involves building, owning, and operating these projects, requiring no upfront capital or operational expertise from its customers.

GeoPura

Debt Financing in 2024
GeoPura is a renewable energy provider focused on creating hydrogen-based zero-emission fuels. The company aims to facilitate the decarbonization of global economies by generating, storing, and distributing hydrogen energy. Its innovative Hydrogen Power Unit (HPU) technology replaces traditional diesel generators, offering sustainable energy solutions to clients such as Balfour Beatty, HS2, National Grid, and the BBC. By addressing the logistical challenges of energy distribution, GeoPura supports the electric vehicle charging, transportation, and construction industries in transitioning away from fossil fuel dependency.

Clearway Energy Group

Debt Financing in 2024
Clearway Energy Group is a renewable development company that specializes in clean energy solutions, primarily through the development and operation of utility-scale wind and solar assets, as well as energy storage projects. The company manages a diverse portfolio of over 8 gigatonnes of both renewable and conventional energy assets across the United States. By focusing on the development of new renewable energy projects, Clearway Energy Group aims to create a robust pipeline for future growth. Currently, its operating wind, solar, and energy storage assets, totaling 6.9 gigatonnes, contribute to significant carbon offsetting, equivalent to more than 10.5 million metric tons of carbon emissions annually. This commitment enables businesses, government entities, and community solar subscribers to access low-cost, clean power solutions.

Akaysha Energy

Debt Financing in 2024
Akaysha Energy specializes in the full-cycle development of battery energy storage systems (BESS) and renewable energy projects throughout Australia. The company engages in a diverse array of initiatives, including grid-connected utility-scale battery storage, hybrid plants that integrate large-scale solar photovoltaic and wind energy, and commercial and industrial battery storage solutions. Additionally, Akaysha Energy is involved in the development of virtual power plants, electric vehicle fleets, commercial transport solutions, and green hydrogen production. By assisting clients and partners at various stages of energy technology project development, delivery, and execution, Akaysha Energy aims to contribute to a more sustainable energy landscape.

Zenobe Energy

Debt Financing in 2024
Zenobe Energy Limited is a company based in London that specializes in the design and manufacture of battery storage solutions for various sectors, including electric bus operators, utilities, and commercial enterprises. Established in 2016 and formerly known as Battery Energy Storage Solutions Limited, the company provides a range of services, including grid-connected energy storage, frequency balancing, and charging services. Additionally, Zenobe Energy offers a second-life battery service, which involves repurposing batteries after their initial use. Through these offerings, the company assists clients in managing their energy needs and reducing their environmental impact.

Electrify America

Corporate Round in 2022
Electrify America is a subsidiary of Volkswagen Group of America that focuses on developing and managing a nationwide electric vehicle charging network. The company aims to promote the adoption of zero-emission vehicles by providing accessible charging stations, strategically located an average of 70 miles apart on major routes across the continental United States. In addition to infrastructure development, Electrify America prioritizes energy management solutions and actively engages in educational initiatives to raise awareness about electric vehicles and their benefits. Through these efforts, the company seeks to facilitate the transition to sustainable transportation.

esVolta

Debt Financing in 2020
EsVolta is a developer, owner, and operator of utility-scale renewable energy projects, focusing specifically on energy storage systems designed to support renewable energy initiatives. The company specializes in managing the entire process of utility-scale energy storage assets, including origination, development, construction, and operation. EsVolta's projects provide critical services such as on-demand capacity, energy arbitrage, and support for grid stability, catering to the needs of electric utilities and large energy consumers. Its current portfolio includes 500 MWh of operational and utility-contracted projects, with an active development pipeline of over 2,000 MWh of additional project opportunities.

sPower

Debt Financing in 2016
sPower is an independent power producer based in Salt Lake City, with additional offices in San Francisco, Long Beach, and New York City. The company specializes in owning and operating renewable energy generation systems, including wind, solar, and storage facilities, across the United States and the UK. With an extensive portfolio that includes over 150 utility and distributed generation systems and a combined capacity of 6.7GW across operating, construction, and development stages, sPower is actively engaged in acquiring utility-scale renewable assets at various stages of development. The company also provides construction and operational management services, contributing to local economies through payments to landowners and revenues for local governments, while focusing on reducing carbon emissions and delivering affordable, reliable energy to consumers.

Power Plus Communications

Series B in 2012
Power Plus Communications AG specializes in broadband powerline communications (BPL) systems designed for smart grids, smart metering, and smart homes. Founded in 2001 and based in Mannheim, Germany, the company offers a range of products including BPL modems, compact BPL systems, network management software, and smart meter gateways. Their technology leverages existing electricity infrastructure to enable real-time data transfer from electronic meters to utilities, facilitating efficient smart metering and grid automation. Power Plus Communications serves utilities and distributed network operators across Europe, the Middle East, and beyond, providing not only products but also advisory support on communications infrastructure. The company prides itself on its innovative solutions that enhance the operational capabilities of energy networks while promoting standards-based communication. With a dedicated team of around 60 employees, Power Plus Communications remains a key player in the evolution of smart energy solutions.
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