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Royal Dutch/Shell quits selling ‘green’ electricity, moves customers to Eneco

AFX Europe (Focus): Royal Dutch/Shell quits selling ‘green’ electricity, moves customers to Eneco

Posted 30 Sept 2004

THE HAGUE (AFX) – The Royal Dutch/Shell group is to stop selling ‘green’ electricity in the Netherlands and is transferring the service’s 60,000 customers to electricity distributor Eneco, according to a joint press release.

No financial details were disclosed.

A spokesman for Eneco said the customers, which include both residential clients and small and medium-sized enterprises, will not have to pay more as a result of the move and in most cases will pay less. The move will boost Eneco’s ‘green’ customer base by 15 pct to 450,000.

Royal Dutch/Shell entered the ‘green’ electricity market two years ago but has decided the business is not a core activity.

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