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Cases & Deals

July 27, 2021

Shell to buy Inspire Energy Capital, expanding renewable power business in the United States

King & Spalding advised Shell New Energies US, LLC, a subsidiary of Royal Dutch Shell, on the acquisition of Inspire Energy Capital LLC, a renewable energy residential retailer serving approximately 235,000 residential customers in Delaware, Illinois, Massachusetts, Maryland, New Jersey, New York, Ohio, Pennsylvania, and Washington DC.  The acquisition will augment Shell’s existing position as a power supplier to residential customers in the U.S. alongside another portfolio company, MP2 Energy.