Shell to Buy Assets of U.S. Energy Marketer Enspire (Update1)
By Tony Cox
Dec. 26 (Bloomberg) — Royal Dutch Shell Plc, Europes largest oil company, agreed to buy the assets of Enspire Energy LLC, an energy marketer based in Virginia.
The transaction is scheduled to close in next years first quarter, the Shell Energy North America (US) LP unit said today in a statement. Terms werent disclosed.
Acquiring Enspires assets will add to Shells scale and range of services in the mid-Atlantic region, Shell Energy North America President Mark Quartermain said in the statement.
Last Updated: December 26, 2008 08:40 EST
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
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