WebFeb 1, 2024 · Shell Energy Operations Pty Ltd, a wholly owned subsidiary of Shell plc (“Shell”) has completed the acquisition of Powershop Australia (“Powershop”), an online … WebNov 21, 2024 · Shell and ICG are expected to split the portfolio; Shell will take the power retailer, Powershop, while ICG acquires Meridian Energy Australia’s wind and hydro …
Shell Acquires Powershop Australia - Royal Dutch Shell …
WebNov 22, 2024 · Energy giant Royal Dutch Shell has expanded its presence in Australia’s electricity market, buying retailer Powershop from NZ’s Meridian Group as part of a $729m deal that may irk some ... WebFeb 1, 2024 · The Australian energy retailer serves more than 185,000 customers, Shell said in a statement. The company will operate as a wholly owned subsidiary of Shell. “The Powershop acquisition complements Shell’s existing Australian investments in zero and low-carbon assets and technologies,” the company said. homes for sale in wrangell ak
Shell, ICG sign $729m Meridian Energy Australia deal
WebNov 22, 2024 · The acquisition of Powershop is in line with Shell’s Powering Progress strategy and ambition to create an integrated power business. Powershop will form Shell’s residential power platform in Australia, extending Shell’s existing position as Australia’s largest dedicated retailer of electricity to commercial and industrial customers. WebThe Powershop team has the opportunity to work alongside industry leaders and innovators thanks to the work that Shell Energy Australia is already doing with the likes of sonnen batteries and renewable hydrogen. We’re excited to bring innovations, value, and sustainability to our current and future customers. Alongside Shell’s target of ... WebNov 27, 2024 · Shell’s ambitions for Powershop are less clear, but the acquisition is part of a broader suite of new energy investments in Australia, other than its historical oil and gas interests. The media release announcing the Powershop deal said Shell was “assembling the building blocks of a clean energy business that includes commercial and industrial … homes for sale in wrens ga. area