Archive · 1 Jul 2025
AM Green Buys Orix’s Greenko Stake in $1.4 Billion Deal
Greenko, a clean energy company, is seeing its founders' company, AM Green, buy a big piece of the company back from ORIX Corp.
for $1.4 billion.
ORIX will get some money and stock in AM Green.
This move helps AM Green build its green energy projects, like making green hydrogen and ammonia.
Greenko is also building a large storage platform and has plans for green ammonia projects.
This is part of a larger push to create a clean energy system.
AM Green BV (AMG) acquired a 17.5% stake in Greenko from ORIX Corp. for $1.4 billion.
AMG, owned by Greenko founders, will own 25% of Greenko post-deal closure.
ORIX will receive $650 million in cash and $750 million worth of stock in AM Green via convertible notes.
The deal strengthens AM Green's integration, with Greenko operating over 10 GW of renewable assets.
AMG is developing a green hydrogen and ammonia production platform with a 5 MTPA green ammonia capacity.
- Who
- AM Green (owned by Greenko founders) and ORIX Corp.
- What
- AM Green acquired a 17.5% stake in Greenko from ORIX Corp. for $1.4 billion.
- When
- Deal closure expected in July.
- Where
- India
- Why
- To repurchase a stake and strengthen AM Green's upstream integration.
- Buyer
- AM Green BV (AMG)
- Seller
- ORIX Corp.
- Deal Value
- $1.4 billion
- Stake Acquired
- 17.5% of Greenko
- AMG Ownership Post-Deal
- 25%
- ORIX Consideration
- $650 million cash, $750 million in stock
- Green Ammonia Capacity
- 5 MTPA planned
