Reuters
Shell to buy Inspire Energy in green energy push
Tue, July 27, 2021, 7:33 PM
The deal, by the company’s unit Shell New Energies U.S. LLC, advances Shell’s strategy to build and scale renewable and low-carbon businesses with a target to become a net-zero emissions energy business by 2050.
Shell has been seeking ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling in May.
Like other oil companies, Shell has come under investor pressure to slash planet-warming greenhouse gas emissions…
(Reporting by Rithika Krishna in Bengaluru; Editing by Maju Samuel)