Octopus Energy Group completed the acquisition of Shell Energy Retail in the UK and Germany from Impello Ltd., a subsidiary of Shell Petroleum Co. Ltd. The company will migrate 1.3 million home energy customers to its systems in the UK and Germany.
Octopus Energy Acquires Shell Energy Retail in UK and Germany
Acquirer
Octopus Energy
→
Target
Shell Energy
2023
Year
🇬🇧 United Kingdom
Country
Asset Acquisition
Deal Type
Deal Value
Sector
Retail Energy Supply
Subsector
Electricity Retail
Industry
Power and Utilities
Date Added
May 9, 2026
Status
Completed
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