(MENAFN) On Monday, Oct. 11 Japan's largest refiner, Eneos Holdings Inc, stated it would purchase Japan Renewable Energy (JRE) for around USD1.8 billion to enlarge its low-carbon trade, linking a list of chief worldwide firms shifting away from climate-changing fossil oils.
Eneos, which seeks to have net-zero emissions by 2040, will purchase JRE from Goldman Sachs and Singaporean independent affluence trust GIC.
It reported the pact, which celebrates the first huge purchase of a sustainable company by a leading Japanese fuel firm, would aid it in encountering its goal of obtaining more than 1,000 megawatts (MW) of renewables in Japan and overseas by March 2023.
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