Adani said to weigh deal for €3 billion energy storage firm VTTI

Adani Group explores €3 billion acquisition of Dutch energy storage firm VTTI

The potential deal could expand Adani Group’s global infrastructure portfolio as energy supply disruptions increase the value of storage facilities

Adani said to weigh deal for €3 billion energy storage firm VTTI

Billionaire Gautam Adani is reportedly exploring a potential acquisition of Dutch energy storage group VTTI. Supply disruptions have made VTTI's facilities increasingly valuable for energy trading, attracting multiple suitors. A deal could value VTTI at around €3 billion, with IFM Investors and Vitol owning significant stakes. Adani Group has been evaluating international acquisitions to accelerate its growth in various sectors.

Gautam Adani targets major European energy storage group - Check Latest Report & Updates

Gautam Adani, India's richest billionaire and industrialist, is reportedly considering a major international acquisition by eyeing the Dutch energy storage group VTTI. According to people familiar with the matter, supply chain disruptions have made such vital energy trading facilities increasingly crucial and valuable in the global market. As billionaire Mukesh Ambani's Jio continues to grab headlines globally, Adani is also preparing to make a …