{"id":373573,"date":"2020-09-14T11:25:26","date_gmt":"2020-09-14T05:55:26","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=373573"},"modified":"2020-09-14T13:48:55","modified_gmt":"2020-09-14T08:18:55","slug":"japan-orix-corp-set-to-invest-980-million-in-greenko-energy-holdings-for-17-stake","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/japan-orix-corp-set-to-invest-980-million-in-greenko-energy-holdings-for-17-stake\/","title":{"rendered":"Japan\u2019 ORIX Corp. set to invest $980 million in Greenko Energy Holdings for 17% stake"},"content":{"rendered":"<p>NEW DELHI : In the single largest foreign investment in India\u2019s clean energy space, ORIX Corp. is set to invest $980 million in Greenko Energy Holdings; the Japan\u2019 financial services firm said in a statement.<\/p>\n<p>The deal will also add 873 MW of Orix\u2019 operating wind assets to Hyderabad-based Greenko\u2019s portfolio, and will contribute $100 million to Greenko\u2019s EBITDA in the first year. The deal will also peg GIC Holdings Pte. Ltd and Abu Dhabi Investment Authority (ADIA) backed Greenko\u2019s equity and enterprise value at $5.75 billion and $10.2 billion respectively.<\/p>\n<p>EBITDA is earnings before interest, tax, depreciation and amortization. Greenko posted a revenue of $661 million for the year ended 31 March, 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : In the single largest foreign investment in India\u2019s clean energy space, ORIX Corp. is set to invest $980 million in Greenko Energy Holdings; the Japan\u2019 financial services firm said in a statement. The deal will also add 873 MW of Orix\u2019 operating wind assets to Hyderabad-based Greenko\u2019s portfolio, and will contribute $100 million to Greenko\u2019s EBITDA in the first year. The deal will also peg GIC Holdings Pte. Ltd and Abu Dhabi Investment Authority (ADIA) backed Greenko\u2019s equity and enterprise value at $5.75 billion and $10.2 billion respectively. EBITDA is earnings before interest, tax, depreciation and amortization. [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-373573","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=373573"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373573\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=373573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=373573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=373573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}