Homegrown renewable energy firm Greenko on Friday said Japan-based ORIX Corporation will invest $980 million (over Rs 7,000 crore) to acquire significant minority stake in the company.
ORIX Corporation of Japan is a diversified global powerhouse and its business activities span industries like energy, private equity, infrastructure, automotive, ship and aircraft, real estate and retail financial services, Greenko Energy Holdings (Greenko) said in a statement.
“ORIX agrees to invest $980 million to acquire a significant minority stake in Greenko. ORIX has entered into a definitive framework agreement to make an investment of at least $980 million to acquire shares in Greenko through a combination of primary and secondary transactions,” the renewable energy firm said.
