Japan's financial services firm Orix Corp. has announced its reentry into a share transfer agreement to sell its 17.5% stake in Greenko Energy Holdings to AM Green Power B.V. in one of India's largest transactions in the green energy sector. The deal, valued at $7.5 billion, also involves investing in convertible notes issued by AM Green B.V., owned by Greenko Group founders. Orix's capital recycling strategy aligns with this move. The transaction will result in Orix receiving $650 million in cash and $750 million worth of stock, giving it a 10% stake in AM Green. The remaining 90% will be owned by Chalamalasetty and Kolli. The founders will collectively hold 28% of Greenko Energy post-transaction, with sovereign wealth funds holding the majority. Greenko Energy has a significant operational portfolio and is expanding into new business areas, including nuclear power and electrolyzer plants. AM Green is also venturing into green molecules production, aiming to produce 5 million tonnes per annum of green ammonia by 2026, with major offtake agreements already in place.