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Eneos to buy Japan Renewable Energy for $1.8b
Transactions - OCTOBER 7, 2021

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Eneos to buy Japan Renewable Energy for $1.8b

by Andrea Zander

Japanese oil company Eneos Holdings has plans to buy Japan Renewable Energy for about 200 billion yen ($1.8 billion) from Goldman Sachs and Singaporean sovereign wealth fund GIC, reported Nikkei. Founded in 2012, Japan Renewable Energy develops and builds renewable-energy assets and has 419 megawatts of solar, onshore wind and biomass capacity in operation, with a further 410 megawatts under construction.

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