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Total to buy Belgian green energy provider Lampiris: report

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Published Tue, Jun 14, 2016 · 08:45 AM

    [PARIS] French oil and gas company Total plans to buy Belgian green energy provider Lampiris, Belgian daily De Standaard reported on Tuesday, citing unnamed sources.

    Total was one of a number of bidders for the Belgian firm, which owners Bruno Venanzi and Bruno Vanderschueren founded in 2003, De Standaard said.

    Gimv-XL and SRIW both acquired a 16.5 per cent stake three years ago after each invested 40 million euros (S$61 million), according to the newspaper.

    Both Total and Lampiris declined to comment.

    REUTERS

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