UAE oil storage company said to be in talks to buy green energy firm

DUBAI: UAE oil storage company BPGIC is in advanced talks to buy a green energy firm as it aims to diversify its business and contribute to the global push to fight climate change, an industry source close to the discussions told Reuters.
Brooge Petroleum and Gas Investment Co (BPGIC) is in talks with two companies, Austria’s Heliovis AG – solar energy equipment supplier, and Serbia’s Storenergy – a renewable energy solutions firm, the source said.