Shell buys virtual power plant firm Limejump

Shell has agreed to acquire Limejump Ltd, a UK based energy technology company.  With this deal Limejump’s technology and management team will enable both companies to continue to take steps to support the UK energy system’s transition to a lower carbon future.  Upon completion Limejump will become a wholly owned subsidiary of Shell. Erik Nygard, CEO of Limejump, said “This is an exciting moment – we are in the middle of a revolution towards a future where many electricity networks around the world are powered by renewable electricity. Shell will…

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