Shell to acquire US renewables power market player MP2

http://bit.ly/2svLEcZ

Shell to acquire US renewables power market player MP2

Shell
Energy
North
America
(SENA)
has
reached
agreement
to
acquire
MP2
Energy,
which
would
give
it
a
solid
presence
in
the
rapidly
expanding
US
corporate
renewable
energy
asset
management
and
hedging
market,
and
new
capabilities
in
retail
power
supply
in
Texas
and
three
other
states.

The
move
comes
as
Anglo-Dutch
parent
Royal
Dutch
Shell
moves
to
diversify
its
global
energy
investment
portfolio,
placing
new
emphasis
on
renewables
led
by
offshore
wind.

SENA,
which
operates
as
part
of
the

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