Shell, an oil and chemical group engaged in the exploration, production, transportation, refining, distribution and marketing of crude oil and gas, agreed to acquire Inspire Energy Capital, a renewable energy residential retailer. Financial terms were not disclosed. This acquisition advances Shell's Powering Progress strategy to build and scale renewable and low-carbon businesses with a target to become a net-zero emissions energy business by 2050, in step with society. "Our goal is to become a major provider of renewable and low-carbon energy, and this acquisition moves us a step closer to achieving that. This deal instantly expands our business-to-consumer power offerings in key regions in the U.S., and we are well-positioned to build on Inspire's advanced digital capabilities to allow more households to benefit from renewable and low-carbon energy," Elisabeth Brinton, Shell Executive Vice President of Renewables & Energy Solutions.