Shell completes buyout of UK’s First Utility

Shell has completed the acquisition of Impello Limited and its subsidiaries, active under the brand First Utility. The supplier, which provides household energy in the UK, has become a wholly-owned subsidiary of Shell, within its New Energies division. The news follows the European Commission’s approval of the deal last week. Colin Cooks, Shell’s former Vice […]

EU approves Shell’s buyout of energy supplier

The EU has approved Shell’s plans to buy independent energy supplier Impello. The supplier services household customers in the UK and Germany, active under the brand First Utility. The approval means Shell will be able to enter the UK’s domestic energy market. Among other markets, Shell has activities in the trading and wholesale supply of […]