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AMG Green Power secures India nod to acquire stake in Greenko Energy

( March 12, 2025, 06:22 GMT | Official Statement) -- MLex Summary: Netherlands-based AMG Green Power has secured approval in India to acquire a portion of Japan's ORIX Corporation's shareholding in Greenko Energy Holdings in the renewable energy sector. The proposed combination also includes ORIX Corporation subscribing to convertible notes issued by AM Green (Luxembourg), according to a statement issued by the Competition Commission of Indi. Greenko Energy Holdings operates various clean energy assets in India. The parties had sought merger clearance late last month. The CCI said that a detailed order will follow.The statement from the Competition Commission of India follows:...

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