Orix elawan Vietnam

What is Orix elawan?

Elawan is ORIX's first strategic group company in the overseas renewable energy business and will be a platform for ORIX to expand its renewable energy business globally in the future.

Does Orix own elawan energy?

TOKYO, Japan - December 14, 2022 - ORIX Corporation (“ORIX”) announced today that it has agreed to acquire the remaining 20% of the shares of Elawan Energy S.L. (“Elawan”), a global renewable energy company headquartered in Madrid, Spain, of which 80% are already held by ORIX *1.

Will Orix become elawan a wholly-owned subsidiary?

By making Elawan a wholly-owned subsidiary, ORIX will now boast a total installed capacity of approximately 3.6GW of renewable energy globally, including solar, wind, geothermal, hydro power and other resources. ORIX is aiming to increase its total installed capacity to approximately 10GW globally in 2030.

How will elawan support Orix?

Elawan will support ORIX’s aim of contributing to the economic development and sustainable growth of global society through the promotion of renewable energy,” said Hidetake Takahashi, Managing Executive Officer and Head of Energy and Eco-Services Business Headquarters.

Why should Orix invest in elawan?

“Elawan is an ideal platform to further support the growth of ORIX renewable energy business globally”. “We look forward to working with ORIX at this exciting time for Elawan to continue our global expansion,” said Dionisio Fernandez, Elawan CEO.

Who owns elawan energy?

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 develops and operates wind and solar power plants in 14 countries around the world, with a focus on Europe and North and South America.