Greenko-Orix acquisition deal gets CCI nod

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

By ET Bureau | Nov 13, 2020, 12.18 AM IST

New Delhi: 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 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