Shell to acquire 100% of German Sonnen

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Oil and gas company Royal Dutch Shell announced plans to purchase a 100% stake in German Sonnen, a company that provides energy services using digital technologies. The German company provides energy storage services to households. The Anglo-Dutch company has signed an appropriate purchasing agreement with Sonnen, which will help strengthen the capabilities of both companies in the provision of network and integrated energy services. Thanks to this deal, companies will also be able to jointly develop innovative methods and technologies for charging electric vehicles.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
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