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Shell PLC on Friday said it agreed to sell its home energy businesses in the UK and Germany via its 100%-owned subsidiary Impello Ltd to Octopus Energy Group. London-based oil major Shell did not...
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Shell and Octopus have also signed a memorandum of understanding to explore a potential international partnership over electric vehicles charging, including for Shell Recharge subscribers, Shell said
The Shell Petroleum Company, through its 100% owned subsidiary Impello Limited ("Shell"), has today caused no big surprises by announcing that the Octopus
The move will take Octopus Energy's retail supply arm to 6.5 million customers.
The acquisition will likely make Octopus the second-largest home energy supplier in Britain with around 6.5 million customers, second only to Centrica's British Gas which has around 7.5 million retail customers, as per Reuters.