Shell completed the acquisition of Nature Energy from Davidson Kempner, Pioneer Point and Sampension for $2bn.

Shell, an oil and chemical group, completed the acquisition of Nature Energy, an operator of biogas plants, from Davidson Kempner, an investment firm, Pioneer Point, a private equity firm, and Sampension, an insurance company, for $2bn. “Shell’s competitiveness in low carbon fuels derives from capabilities across the value chain, combining a world-class Trading and Supply organisation with access to differentiated technology and production assets. Acquiring Nature Energy will add a European production platform and growth pipeline to Shell’s existing RNG projects in the United States. We will use this acquisition to build an integrated RNG value chain at global scale, at a time when energy transition policies and customer preferences are signalling strong growth in demand in the years ahead," Huibert Vigeveno, Shell Downstream Director.