Business
Shell increases stake in Australia’s electricity market with Powershop takeover – The Guardian
Move will ‘turn customers’ stomachs’ after retailer touted its clean energy credentials, critics say
Energy giant Royal Dutch Shell has expanded its presence in Australias electricity market, buying retailer Powershop from NZs Meridian Group as part of a $729m deal that may irk some customers who have tried to avoid fossil fuel companies.
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