Greenko Acquires Orange Renewables for $1 Billion
Greenko will take over 708 MW of operational solar and wind project portfolio of Orange Renewables
June 4, 2018
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The Greenko Group has acquired Orange Renewables in a billion-dollar deal. The deal is for an enterprise value of approximately $1.02 billion, which includes $680 million of debt which will be taken over by Greenko from Orange. The equity infusion in the transaction has been valued at approximately $340 million.