ORIX USA Completes Equity Investment

ORIX USA announced that the company’s Special Opportunities Group has completed an equity investment in three anaerobic digestion projects that are supposed to convert more than 194 million gallons of dairy manure annually into renewable natural gas (RNG).

"As a firm with an ongoing commitment to sustainability, biofuel projects are a great fit for us due to their important role removing methane from the atmosphere,” said Neil Winward, Head of Strategic Solutions, ORIX USA’s Special Opportunities Group. “ORIX Group is active in renewable energy globally with a track record of strategic investments in solar, wind, and biofuel projects. With this transaction, as a follow-on to our BCO investment, we are continuing to leverage the expertise of our global renewables platform to increase our investment in the biofuel sector in the US.”

ORIX Group has made an investment in global renewable energy company Elawan Energy in recent years as well as acquired a stake in Greenko Energy, a renewable energy company based in India.

“These investments align with our broader strategy of being one of the premier middle-market financing firms in the U.S., with opportunities to participate across the capital structure for a range of investors,” added Ravi Singh, Head of Special Opportunities group. “Through this transaction, we are pleased to be able to further reinforce ORIX Group’s global commitment to sustainability.”

The company was assisted by GoldenSet Capital Partners’ affiliate GoldenSet Asset Management. Orrick, Herrington & Sutcliffe acted as legal advisors to ORIX USA. The terms of the transaction were not disclosed.