Shell to buy Inspire Energy Capital, expanding renewable power business in the United States
Achieving Shell's net-zero emissions target could mean that Shell doubles the amount of electricity sold and provides enough renewable electricity to power 50 million households by 2030.
- Achieving Shell's net-zero emissions target could mean that Shell doubles the amount of electricity sold and provides enough renewable electricity to power 50 million households by 2030.
- Shell Energy North America has been an early energy supplier to Inspire since 2017.
- Inspire will augment Shell's existing position as a power supplier to residential customers in the U.S. alongside MP2 Energy, a wholly owned subsidiary of Shell Energy North America.
- Subject to regulatory clearance and the satisfaction of closing conditions, Inspire will be a wholly owned subsidiary of Shell, operating under its existing brand within our Renewables & Energy Solutions integrated power business.