ORIX USA has closed an equity investment in a 150MW wind farm in Texas.
Located near Amarillo, the wind farm consists of 75 wind turbines that supply electricity to communities in Armstrong and Carson counties and surrounding areas.
This transaction is ORIX USA’s first investment in the US wind market and represents the platform’s growing focus on renewables through strategic, innovative investments in solar, biofuel and wind projects.
“ORIX Group has a strong track record of actively supporting global decarbonization across a range of sustainable asset classes.
“As many businesses shift toward clean energy initiatives with the new US Inflation Reduction Act, ORIX USA is prepared to meet increasing demands for experienced investors to provide capital to middle market companies,” said Neil Winward, Head of ORIX USA’s Strategic Solutions group.
“Wind energy remains an integral component of the sustainable energy transition, so as we look to further expand our global renewables efforts, this investment is a natural next step.”
This transaction follows ORIX USA’s 2021 investment in BC Organics Anaerobic Digestion Facility, a commercial biorefinery in Wisconsin, and 2022 investments in three additional anaerobic digestion facilities in Iowa and South Dakota.
In the past two years, ORIX USA’s parent company, Japan-headquartered ORIX Group, has also made an investment in global renewable energy company Elawan Energy and acquired a stake in India-based renewable energy company Greenko Energy Holdings.