Announced

Shell to acquire Next Kraftwerke.

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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