Dutch tank storage company Royal Vopak (AMS:VPK) has wrapped up the acquisition of a 79% stake in Netherlands-based battery storage developer Green Energy Storage (GES), securing the right to buy its remaining stock within two years.

Tank firm Vopak has marked its energy into the BESS sector with a final investment decision (FID) for a 200MW/800MWh BESS in the Netherlands.

Dutch tank storage company Royal Vopak (AMS:VPK) has wrapped up the acquisition of a 79% stake in Netherlands-based battery storage developer Green Energy Storage (GES), securing…