Greenko founders buy Orix Corp.’ 20% in Greenko Energy for $1.4 billion, announcement on Monday

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 Greenko founders buy Orix Corp.’ 20% in Greenko Energy for $1.4 billion, announcement on Monday

Exclusive: Greenko founders buy Orix Corp.’ 20% in Greenko Energy for $1.4 billion, announcement on Monday

29 Jun 2025, 09:33 PM IST

Utpal Bhaskar

AM Green B.V. has acquired a 20% stake in Greenko Energy Holdings from ORIX Corp. in a $1.4 billion deal. The transaction values Greenko at $7.5 billion, with the founders retaining a 90% stake in AM Green B.V. The deal involves significant cash and stock components.

Greenko Group’s founder, president and joint managing director Mahesh Kolli and Greenko Group CEO and MD Anil Chalamalasetty.

Greenko Group’s founder, president and joint managing director Mahesh Kolli and Greenko Group CEO and MD Anil Chalamalasetty.

AM Green B.V., owned by Greenko Group founders Anil Chalamalasetty and Mahesh Kolli, has purchased Japanese financial services firm Orix Corp.'s 20% stake in Greenko Energy Holdings in a $1.4 billion equity deal, two people aware of the development said.

The transaction, one of the largest deals in India's green energy sector that values Greenko Energy at $7.5 billion, will be announced on Monday, the people cited above said on the condition of anonymity.

Source 

https://www-livemint-com.cdn.ampproject.org/v/s/www.livemint.com/companies/greenko-founders-buy-japan-s-orix-corp-20-stake-in-greenko-energy-holdings-for-1-4-billion-announcement-on-monday/amp-11751206758033.html?amp_gsa=1&amp_js_v=a9&usqp=mq331AQGsAEggAID#amp_tf=From%20%251%24s&aoh=17512273985398&csi=0&referrer=https%3A%2F%2Fwww.google.com&ampshare=https%3A%2F%2Fwww.livemint.com%2Fcompanies%2Fgreenko-founders-buy-japan-s-orix-corp-20-stake-in-greenko-energy-holdings-for-1-4-billion-announcement-on-monday-11751206758033.html

Competition Commission of India

azadi ka amrit mahotsav

Competition Commission of India (CCI) approves the acquisition of certain shareholding in Greenko Energy Holdings of ORIX Corporation by AMG Green Power B.V. and subscription of certain convertible notes of AM Green (Luxembourg) S.À.R.L by ORIX Corporation

Posted On: 11 MAR 2025 7:48PM by PIB Delhi

The Competition Commission of India has approved the acquisition of certain shareholding in Greenko Energy Holdings of ORIX Corporation by AMG Green Power B.V. and subscription of certain convertible notes of AM Green (Luxembourg) S.À.R.L by ORIX Corporation.

The Proposed Combination envisages the proposed acquisition by AMG Green Power B.V. (AMG Power) of certain shareholding in Greenko Energy Holdings (GEH) from ORIX Corporation (ORIX) and proposed issuance of certain convertible notes by AM Green (Luxembourg) S.À.R.L (AMG Lux) to ORIX.

AMG Power is a newly incorporated entity and is currently not engaged in any business activities either in India or outside India. AMG Lux is a holding company and does not have any business operations either in India or outside India.

ORIX is the holding company of the ORIX group offering a wide variety of services, including corporate financial services (financing, leasing, and solutions for small and medium-size enterprises), maintenance leasing (automobile leasing, rental and car sharing and IT-related equipment rentals and leasing), real estate, private equity investments, life insurance, banking and credit, asset management, environment and energy services (including power generation). In India, ORIX, directly or indirectly is engaged in automobile leasing, commercial vehicle loans, provision of financial services, infrastructure investment, asset management services and power generation.

GEH is a player in the renewable energy sector, focusing on building and operating clean energy assets. In India, GEH operates a portfolio of renewable energy assets, consisting of wind, solar, hydro, and energy storage technologies spread across states.

Detailed order of the Commission will follow.

 

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