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Orix announces plan to sell stake in Greenko to promoter; invest $750 mn in AM Green

NEW DELHI: Japan’s Financial Services Company Orix Corp. In a statement on Monday, India will be one of the biggest transactions in the green energy field of Greenko Energy Holdings, 17.5% shares to sell to the Am Green Power BV to sell a share transfer agreement, he said.

Orix said in a statement that the decisions taken on Sunday include the re -entering of the convertible notable note investment agreement published by Am Green BV, which belongs to the founders of Greenko Group Anil Chalamalasety and Mash Kolli. The agreement is part of Orix’s capital recycling strategy, the transaction is worth $ 7.5 billion to Greekko Energy.

Mint He reported about the $ 1.4 billion agreement on Sunday and the agreement will be announced on Monday. Under the terms of the agreement, Orix receives 650 million dollars of cash and 750 million dollars of stocks, and through convertible notes, 10% in Am Green will have 10% Chalamalasety and Kolli, Am Green’s remaining 90% shares. 650 million dollars of credit debt was collected for the agreement.

“If the sale price is estimated using the exchange rate as of June 27, 2025 (1 = ¥ 144.58 $), Orix approximately 93.4 billion ¥ ($ 647,58 million) ($ 647,58 million) (including the valuation earnings of 2.5% for the year of Fiscal, 20.50 ¥ in the financial statement of 20.50 ¥ in the Consoleed Financial Declaration of 20.50. EXPIRESS TO REGISTER THE EARNING ”.

“Am Green BV has a 2.5% call option held by Orix Corp. for 18 months in Greenko Energy Holdings. Plan is aware of the development of anonymity.

Mash Kolli, president of Am Green Group and President of the Grenko Group and Joint General Manager, refused to comment on the remaining 2.5% share sale.

After the process is concluded, Chalamalasety and Kolli will have 28% shares in Greenko Energy based in Haydarabad, personal risks and the share held by Am Green, dominant reserve funds GIC Holdings Pte. LTD and Abu Dhabi Investment Administration (Adia) will receive 58% and 14% respectively.

GREENKO portfolio

Greenko has 12 Gigawatt (GW) operational wind, sun, hydro and pumped storage projects; 20 GW under construction. He also looks at new business areas, including nuclear energy, and participated in the Nuclear Power Corp. in the Indian Ltd’s (NPCIL) process, which called for the creation of small modular reactors for captive consumption.

Greenko also develops John Cockerill in Kakinada and the largest electroSer facility of India’s 2 GW production capacity.

“Orix has supported Greenko’s business growth since he invested in March 2021. Orix decided to sell 17.5% of 20% of the 20% stock in Grenko and to invest in AMG Lux as part of the capital recycling strategy.

Also read | Greenko Zeroc, Norway’s wound to provide renewable ammonia

The agreement terminated the agreement for a while because Orig did not meet the peer conditions on April 25th.

“Orix announced in January 2025 that Greekko made a new investment in the stock transfer agreement and AMG Lux, but the agreement ended in April 2025 because the peer conditions were not fulfilled.

“Regulatory approvals have been obtained in accordance with the Indian competition law, and Orix plans to complete the partial transfer of Greenko shares and to upload the convertible notes by the end of July,” he added.

Green brings together a piece of flow in its own name and builds production facilities for green molecules; Green hydrogen, green ammonia, biofuel, e-Metanol, sustainable aviation fuels and cliffs in difficult industries for carbohyditation in various down flows, including high-valuable chemicals.

It plans to produce 5 million tons (MTPA) green ammonia per year, and the first 1 MTPA project in Kakina is expected to be commissioned in 2026. La12,500 crore. Am Green, Uniper, Wound and Keppel has already signed agreements with big buyers.

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