Vitol to buy Poland's Vortex Energy in renewables push

Nov 17 (Reuters) - Commodities trader Vitol said on Thursday it had agreed to acquire renewable energy company Vortex Energy from VH Invest for an undisclosed sum.

Vitol "plans to deploy $1 billion of capital over the next five years into renewables in Poland," it said in a statement.

The transaction is expected to close in the first quarter of 2023, it added.

Reporting by Kavya Guduru in Bengaluru Editing by Mark Potter

Our Standards: The Thomson Reuters Trust Principles.