ORIX Corp. (IX), a Japanese diversified financial services group, announced that it has entered into a share transfer agreement to sell 17.5% of its 20% stake in Greenko Energy Holdings—an affiliate company—to AM Green Power B.V., a wholly owned subsidiary of AM Green B.V. or "AMG", for $1.282 billion.
AM Green B.V. or "AMG" was established by the founders of Greenko and is a next generation energy company.
In addition, ORIX will invest approximately $731 million in a convertible note issued by AM Green (Luxembourg) S.à.r.l, the parent entity that holds all shares of AMG.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.