Kakinada (Andhra Pradesh), June 30 -- AM Green BV today said it has signed definitive documents to acquire 17.5 per cent equity stake in Greenko Energy Holdings from ORIX Corporation, through its wholly owned subsidiary AM Green Power BV.
AMG will own 25 percent stake (along with AMG promoter's current stake) in Greenko post-closing of this transaction in July 2025, the company said in a release here.
As part of this transaction, ORIX has also entered into an agreement to invest in a convertible note issued by AM Green (Luxembourg) S.a.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...