Greenko-Orix acquisition deal gets CCI nod

Industry: Energy 2020-11-19

The Competition Commission of India (CCI) approved Greenko’s acquisition of the Orix Corporation’s wind power generation business in India along with Orix acquiring a stake in Greenko Energy Holdings. In September, Japan’s Orix Corporation entered into a pact to acquire a 20% stake in Indian renewable energy firm Greenko for $980 million, valuing it at $5.75 billion.

Source: Economic Times

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