Funding and M&A Roundup: Shell to Buy Residential Renewables Retailer Inspire Energy
Funding and M&A Roundup: Shell to Buy Residential Renewables Retailer Inspire Energy
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Shell New Energies US, a subsidiary of Royal Dutch Shell, signed an agreement to buy 100% of the equity interests of Inspire Energy Capital, a renewable energy residential retailer. Inspire offers renewable energy to customers via a variety of innovative services and subscription plans and incentivizes customers to manage energy usage via a rewards program within its mobile app.
