Eneos to buy Japan Renewable Energy for $1.8 billion -Nikkei

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The deal would mark the first major purchase of a renewables firm by a top Japanese oil company, the Nikkei said, as Eneos looks to shift away from fossil fuels.

An Eneos spokesperson said the company was considering various options to expand its renewable energy business but that nothing had been decided.

($1 = 111.3800 yen)