HomeBusiness ›AM Green Signs Agreement to Acquire 17.5 percent Equity Stake in Greenko from ORIX

AM Green Signs Agreement to Acquire 17.5 percent Equity Stake in Greenko from ORIX

This investment will provide ORIX long-term exposure to green hydrogen, ammonia, SAF and other next-gen molecules, aligning with its capital recycling strategy.

June 30, 2025. By News Bureau

AM Green BV (AMG) has signed definitive documents to acquire 17.5 percent equity stake in Greenko Energy Holdings (Greenko) from ORIX Corporation (ORIX), through its wholly owned subsidiary AM Green Power BV (AMG Power). AMG will own ~25 percent stake (along with AMG promoter’s current stake) in Greenko post-closing of this transaction in July 2025.

As part of this transaction, ORIX has also entered into an agreement to invest in a convertible note issued by AM Green (Luxembourg) S.à.r.l (AMG Lux), the parent company that holds all shares of AMG. This investment will provide ORIX long-term exposure to green hydrogen, ammonia, SAF and other next-gen molecules, aligning with its capital recycling strategy.

“This transaction is a key milestone in building one of the world’s fully integrated and scalable green energy platforms,” said Anil Chalamalasetty, Founder and CEO of AM Green. “We thank ORIX for their continued partnership and belief in our vision.”

ORIX stake acquisition strengthens AM Green’s upstream integration through Greenko, one of India’s leading renewable energy companies, operating over 10 GW of renewable and pumped storage assets. Greenko is on track to build the world’s largest 'Intelligent Energy Storage Cloud Platform' with over 100 GWh of daily storage capacity by 2030.

The acquisition includes a 25 percent stake in Greenko, a platform with 10 GWs of operational renewables capacity and 100 GWh of daily storage capacity expected to be online by 2030. It also covers planned capacity of 5 MTPA of Green Ammonia and 1 MTPA of Green Hydrogen, with the first 1 MTPA Green Ammonia project currently under construction.

Additionally, the acquisition involves late-stage development projects for low carbon caustic soda, SAF, ethanol, and bio-based high value products using its proprietary Chempolis technology.
Please share! Email Buffer Digg Facebook Google LinkedIn Pinterest Reddit Twitter
If you want to cooperate with us and would like to reuse some of our content,
please contact: contact@energetica-india.net.
 
 
Next events
 
 
Last interviews
 
Follow us