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AM Green to acquire 17.5% stake in Greenko from ORIX

AM Green BV (AMG) has signed definitive agreements to acquire a 17.5% equity stake in Greenko Energy Holdings from Japanese financial services group ORIX Corporation. The deal is expected to close in July 2025. Following the completion, AM Green and its promoter group will collectively hold a 25% stake in Greenko. The acquisition is part of AM Green’s strategy to strengthen its upstream integration with Greenko, which operates over 10,000 MW of renewable and pumped…

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AM Green signs MoU with Port of Rotterdam to build green fuel corridor

AM Green and the Port of Rotterdam Authority have signed a memorandum of understanding (MoU) to establish a green energy supply chain between India and Northwestern Europe via Rotterdam.  The partnership will support trade in hydrogen-based fuels, including bunkering fuels and sustainable aviation fuels (SAF), and develop necessary terminal infrastructure along the route. Rotterdam is a strategic choice for this partnership. As Europe’s largest seaport, it offers established energy infrastructure and access to key industrial…

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AM Green places largest order for electrolyser with John Cockerill

AM Green has placed an order with John Cockerill for a 1.3 GW advanced pressurised alkaline electrolyser for its existing plant in Kakinada, Andhra Pradesh. This marks the largest electrolyser order in India to date.  The project, set to begin production in the second half of 2026, will supply electrolysers in two phases of 640 MW each. It aims to produce green hydrogen and convert it into green ammonia. In support of this project, AM…

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BASF and AM Green partner to explore low-carbon chemical production in India

BASF and AM Green B.V. have signed a memorandum of understanding (MoU) to explore business opportunities for developing low-carbon chemicals produced exclusively with renewable energy.  As part of the agreement, both companies plan to conduct feasibility studies in India, assessing potential technologies for low-carbon chemical production. The collaboration also includes a non-binding letter of intent (LoI) for BASF to offtake 100,000 tonnes annually of ammonia produced solely with renewable energy. This includes energy from pumped…