Vitol-Backed VPI to Spend €600 Million on Batteries in Germany

By Bloomberg

7 months ago

Article Summary

VPI, the power company backed by trading giant Vitol Group, could invest more than €600 million ($700 million) to develop a gigawatt-scale portfolio of battery storage sites in Germany, Chief Executive Office Jorge Pikunic told Bloomberg News in an interview.

Read the Full Article

This is a summary from our news feed. For the complete article with full details, analysis, and additional content, visit the original source.

Read Full Article on Bloomberg

About This Story

Published:September 29, 2025 at 09:43 AM

Source:Bloomberg

Category:Markets

Reading Time:~2 min on source

China Takes Aim at Reputation for Cheap Exports With EV Permits

China’s requirement that automakers get permits to export electric vehicles ramps up a push to tighten control of the sprawling industry and help the country fend off accusations that it’s flooding th...

Bloomberg•7 months ago

The Asia Trade 9/29/25

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Singapore with Shery Ahn and Avril Hong, getting ...

Financial Times•7 months ago