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Shell purchases Philadelphia renewable energy retailer - Pennsylvania Business Report

Shell purchases Philadelphia renewable energy retailer - Pennsylvania Business Report
pennbizreport.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pennbizreport.com Daily Mail and Mail on Sunday newspapers.

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Shell builds up steam in US residential clean-power market with Inspire take-over

27 July 2021 20:48 GMT
Updated
27 July 2021 20:52 GMT
The American arm of oil supermajor Shell has finalised a deal to take over residential renewables retailer Inspire Energy as part of wider plans to expand its clean-power and low-carbon portfolio in the US.
The acquisition of California-headquartered Inspire, which has 235,000 residential customers in the states including Massachusetts, Maryland, New Jersey, New York, and Washington DC, aims to “augment” Shell New Energies US’ existing market position as a home power supplier alongside MP2 Energy, bought by Shell Energy North America in 2017.
“Our goal is to become a major provider of renewable and low-carbon energy and this acquisition moves a step closer to achieving that,” said Elizabeth Brinton, Shell’s executive vice president of renewable and energy solutions. ....

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Shell to buy Inspire Energy Capital, expanding renewable power business in the United States

Shell to buy Inspire Energy Capital, expanding renewable power business in the United States
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Edison Energy adds Hannah Badrei to oversee its energy commodities and renewables advisory teams

Edison Energy adds Hannah Badrei to oversee its energy commodities and renewables advisory teams
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Shell, GM Working to Reduce Texas EV Charging Costs, Expand Renewable Options

Shell, GM Working to Reduce Texas EV Charging Costs, Expand Renewable Options
Royal Dutch Shell plc and General Motors (GM) are collaborating to expand green energy options in Texas and beyond.
Shell’s MP2 Energy LLC unit is partnering with the auto giant on “comprehensive energy solutions programs” that could include fixed-rate home energy plans using 100% renewable energy resources.
The program, already for some GM customers in Texas, is being expanded this summer for all GM-branded electric vehicles (EV). The EV owners could select home energy plans with the option for free overnight vehicle charging. The partners also want to offer GM suppliers access to a suite of renewable energy products. ....

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