said on Friday it would sell its home energy business in the U.K. and Germany to British energy supplier Octopus Energy Group as part of a deal in which the two companies explore a partnership on EV charging.
The businesses – Shell Energy Retail Limited in the U.K. and Shell Energy Retail GmbH in Germany – provide domestic gas, power and broadband services to about two million customers and operate under the Shell Energy brand. Shell and Octopus have also signed a memorandum of understanding to explore a potential international partnership over electric vehicles charging, including for Shell Recharge subscribers, Shell said.Tickers mentioned in this storyYour Globe
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