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The latest update is out from Orix ( (IX) ).
On January 20, 2025, ORIX Corporation announced its decision to sell its entire stake in Greenko Energy Holdings to AM Green Power B.V., while investing in a convertible note issued by AM Green (Luxembourg) S.à.r.l. This move aligns with ORIX’s capital recycling strategy, aiming to reinvest in next-generation energy sectors such as green hydrogen and ammonia, in response to growing global decarbonization efforts. The transaction, set to complete by March 2025, positions ORIX to expand its influence in the sustainable energy market and contribute to the development of a decarbonized society.
More about Orix
ORIX Corporation is involved in the renewable energy sector, offering services focusing primarily on solar, wind, geothermal, and hydroelectric power generation. The company has a significant presence in the global renewable energy market, including ownership of Elawan Energy S.L., and is strategically positioned to capitalize on the transition towards clean energy solutions.
YTD Price Performance: -2.31%
Average Trading Volume: 36,263
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $22.75B
See more data about IX stock on TipRanks’ Stock Analysis page.
