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  • Eneos says to buy Japan Renewable Energy for $1.77 bln

Eneos says to buy Japan Renewable Energy for $1.77 bln

Japan's biggest refiner Eneos Holdings Inc to buy Japan Renewable Energy. (ENEOS)
Japan's biggest refiner Eneos Holdings Inc to buy Japan Renewable Energy. (ENEOS)
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11 Oct 2021 03:10:19 GMT9
11 Oct 2021 03:10:19 GMT9

Eneos Holdings Inc, Japan’s biggest refiner, said on Monday it would buy Japan Renewable Energy for about 200 billion yen ($1.77 billion) to make the start-up a wholly owned unit.

The deal would mark the first major purchase of a renewables company by a top Japanese oil company.

Reuters

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