Royal Vopak Acquires Majority Stake in Green Energy Storage

The total investment in the acquisition and the project amounts to around $262 million

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Royal Vopak, a company that owns and operates infrastructure for the storage and handling of liquids and gases, has acquired a 79% stake in Green Energy Storage (GES) and taken a final investment decision for a 200 MW/800 MWh battery energy storage project in Oosterhout, the Netherlands.

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