Announced
Financials
Tags
Majority
Single Bidder
Cross Border
Acquisition
Friendly
Germany
virtual power plant
energy trading
Pending
power trading
Alternative Fuels
Private
Synopsis
Royal Dutch Shell agreed to acquire Next Kraftwerke, a virtual power plant firm. Financial terms were not disclosed. “We will only be able to successfully shape this transformation if the players in the traditional energy industry actively drive it. My co-founder Jochen Schwill and I are convinced that we can help to further accelerate this change with this partnership," Hendrik Sämisch, Next Kraftwerke Co-Founder and CEO.
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