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SHEL Shell Plc

2,842.00
-21.00 (-0.73%)
Last Updated: 11:34:48
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:SHEL London Ordinary Share GB00BP6MXD84 ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -21.00 -0.73% 2,842.00 2,842.00 2,842.50 2,884.50 2,836.50 2,875.00 792,126 11:34:48
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9802 9.55 184.94B

Shell New Energies to Buy Inspire Energy Capital

27/07/2021 7:02pm

Dow Jones News


Shell (LSE:SHEL)
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From May 2021 to May 2024

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By Stephen Nakrosis

 

Shell New Energies US LLC Tuesday agreed to buy renewable energy residential retailer Inspire Energy Capital LLC.

Shell New Energies is a subsidiary of Royal Dutch Shell PLC.

"This deal instantly expands our business-to-consumer power offerings in key regions in the U.S., and we are well-positioned to build on Inspire's advanced digital capabilities to allow more households to benefit from renewable and low-carbon energy," said Elisabeth Brinton, EVP of Renewables & Energy Solutions at Shell.

Inspire Energy, which has headquarters in Santa Monica, Calif., and Philadelphia, offers renewable energy subscriptions and services and incentivizes customers to manage energy usage via a rewards program within its mobile app, Shell said.

The deal is expected to close in the fourth quarter, the company said.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

July 27, 2021 13:56 ET (17:56 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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