ORIX Corporation (“ORIX”) today announces that it has entered into an agreement to acquire a further 20% interest in Elawan Energy S.L. (“Elawan”), following which Elawan will be wholly owned by ORIX Corporation. Since ORIX’s initial investment in July 2021, Elawan has played a central role in expanding ORIX’s footprint in renewables internationally. Following completion…
Elawan has added 380 MW in operation in five countries since June last year and expects to reach 2GW in operation by early 2023. With this operating power, Elawan achieved an EBITDA in the first half of the year of 71 million euros. Profit before tax for the first half of the year amounted to…
Elawan Energy closes financing for nine photovoltaic plants in Castilla-La Mancha for 250 million euros The 9 projects have an aggregate installed capacity of 440MW. Construction is advanced and they are expected to be operational between late 2022 and early 2023. Elawan Energy, a global player in the renewable energy sector, has announced the closing…
Elawan Energy, a global player in the renewable energy industry, has announced the closing of $160 million in debt financing for two solar farms located in Texas, USA. The financing was provided by BBVA and MUFG, advised by Allen & Overy. Elawan Energy was advised by leading international law firm Orrick on the closing of…