Announced
Completed
Financials
Sources
Tags
Single Bidder
Acquisition
Friendly
Private
Spain
Cross Border
Renewable Energy Equipment
green energy supplier
Majority
Private Equity
Completed
Synopsis
Orix, a Japanese financial conglomerate, completed the acquisition ofacquire an 80% stake in Elawan Energy, a global renewable energy company, from Acek Renewables, a renewable energy business, for $965m. “We welcome Elawan to the ORIX Group and this acquisition is an important milestone to accelerate our corporate strategy of contributing to build a sustainable society. Elawan is an ideal platform to further support the growth of ORIX renewable energy business globally," Hidetake Takahashi, ORIX Head of Energy and Eco-Services Business Headquarters.
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