ORIX (TYO:8591) has re-entered into a share transfer agreement to sell 17.5% of its 20% holdings in Greenko Energy Holdings to AM Green Power, a subsidiary of AM Green, at an undisclosed value.
Additionally, ORIX will invest in a convertible note issued by AM Green (Luxembourg), according to its Tokyo bourse filing on Monday.
This re-entry follows the termination of a similar agreement in April due to unfulfilled conditions, but subsequent reconsideration led to its revival.
The transaction, which includes regulatory approvals, is expected to finalize by the end of July.
ORIX's move is part of its capital recycling strategy, aiming to re-invest in the rapidly growing next-generation energy sector, including green molecules, as the world moves towards decarbonization.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。