Green Giraffe and Daiwa Securities, a subsidiary of DC Advisory, have announced that they have entered into a 50:50 joint venture agreement. 

Green Giraffe will retain its independent management and its well-known brand in the renewable energy market and will be able to work closely with DC Advisory, Daiwa Securities' specialist international M&A practice, and in particular with DC Advisory's Infrastructure team. Green Giraffe and DC Advisory will be able to bring their complementary strengths and skills for all clients.

Daiwa Securities Group Inc. is a leading comprehensive financial services firm headquartered in Tokyo, Japan with core businesses including Retail, Global Markets, Global Investment Banking, Asset Management and Investment.