TOKYO, Japan : ORIX Corporation (“ORIX”) has decided to issue its first green bond (unsecured debt securities) denominated in Euro on April 13, 2022. The notes will be issued as a green bond solely to fund projects that will satisfy the eligibility criteria of ORIX’s Green Bond Framework. ORIX has established the Euro MTN Program* […]
ORIX Completes Acquisition of Global Renewable Energy Company Elawan Energy
Tokyo, Japan : ORIX Corporation (“ORIX”) today made public an announcement that it has completed its acquisition of Elawan Energy S.L. (Elawan), as originally announced on December 28, 2020*1. European subsidiary ORIX Corporation Europe N.V. successfully gained regulatory approvals to acquire 80% of Elawan’s issued shares, and becomes the majority shareholder in the business. Elawan […]
ORIX Introduces PPA Model for Solar Power Generation Systems of Largest Scale (2.2 MW) in Japan
TOKYO, Japan : ORIX Corporation (“ORIX”) and KAIHARA Co., Ltd. (“KAIHARA”) announced today that they will be introducing a power purchase agreement (PPA) model for solar power generation systems with a capacity of approximately 2.2 MW. This capacity is the largest scale for one facility in Japan. Installation is being carried out at KAIHARA’s Sanwa […]
ORIX Introduces PPA Model for Solar Power Generation Systems of Largest Scale (2.2 MW) in Japan at Factory of Established Manufacturer in Hiroshima
TOKYO, Japan : ORIX Corporation (“ORIX”) and KAIHARA Co., Ltd. (“KAIHARA”) announced today that they will be introducing a power purchase agreement (PPA) model for solar power generation systems with a capacity of approximately 2.2 MW. This capacity is the largest scale for one facility in Japan. Installation is being carried out at KAIHARA’s Sanwa […]
Orix installs solar-plus-storage systems on Valor sites in Japan
The dedicated renewables business of Japanese financial services group Orix Corp has installed solar arrays with energy storage components at two stores in Japan owned by local chain Valor Holdings Co Ltd. The two solar plants have a combined capacity of 532 MW and each has a 159-kWh lithium-ion battery system. They were installed at […]
GIC-backed Greenko Energy raises $940m through latest bond issue
Green energy Holdings has raised $940 million for refinancing through its latest bond issue that closed on Monday, with the demand for Moody’s Investors Service’ Ba1 rated bond being over $2.5 billion. “At 3.85%, this is the lowest priced and largest bond in non-investment grade by any corporate from India,” said a person aware of […]
ORIX, Hokuriku Electric Power, and Valor Holdings Commence Operations of PPA Solar Power Generation Systems with BCP Functions at Two Valor Stores in the Hokuriku Region
TOKYO, Japan – ORIX Corporation (“ORIX”), Hokuriku Electric Power Company (Hokuriku Electric Power), and Valor Holdings Co., Ltd. announced today that they have installed and commenced operations of third-party-owned (“PPA”) solar power generation systems with business continuity planning (BCP) functions at two Valor Group stores in the Hokuriku region. PPA—which stands for “power purchase agreement”—is […]
ORIX Completes Acquisition of Shares in Major Indian Renewable Energy Operator Greenko
TOKYO, Japan: ORIX Corporation (“ORIX”) announced today that it has completed its acquisition of shares in Greenko Energy Holdings (“Greenko”) as reported in its September 11, 2020 press release, entitled “ORIX Signs Framework Agreement Regarding Investment in Major Indian Renewable Energy Operator Greenko Energy*1.” Simultaneous to acquiring issued shares in Greenko , ORIX integrated its entire […]
ORIX and Hyakugo Bank to Offer PPA Models for Solar Power Generation
TOKYO, Japan: ORIX Corporation (“ORIX”) announced today that it has entered into an agreement with The Hyakugo Bank, Ltd. (“Hyakugo Bank”) to introduce new customers for third-party-owned model (“PPA model”) of solar power generation systems. This marks the first time that ORIX has collaborated with a financial institution for introducing new customers for PPA models. […]
Orix to Buy Spanish Energy Firm Elawan for About $965 Million
Orix Corp. agreed to buy Spain’s Elawan Energy, the Japanese financial conglomerate’s first deal to acquire a majority stake in an overseas renewable power company. Tokyo-based Orix is purchasing an 80% stake from Elawan’s management and Spanish industrial company Acek, company spokeswoman Yuka Kanaoka said Monday. With an additional capital injection later, the deal is […]