Slovenia's Top Fuel Retailer Turns to Green Power in Virus Hedge
Article content (Bloomberg) — Slovenian fuel retailer Petrol DD, which runs the largest chain of filling stations in the Alpine country, is turning to renewable energy as a drop in gasoline prices during the coronavirus pandemic is spurring it to seek growth opportunities outside the oil industry. Slovenia’s biggest company by revenue is making electric energy the cornerstone of a new five-year strategy that also includes developing solar and wind technology, said management board members Matija Bitenc and Joze Bajuk. It’s planning to invest 700 million euros ($842 million) in that peri...
Source: financialpost.com