Connect with us

Hi, what are you looking for?


Shell swoops on Danish gas firm Nature Energy in £1.66bn deal

Renewable gas: Shell buys Denmark's Nature Energy

Shell takes on Danish renewable gas company Nature Energy in £1.66bn deal as it moves to net zero emissions

Renewable gas: Shell buys Denmark's Nature Energy

Renewable gas: Shell buys Denmark’s Nature Energy

Shell has agreed to buy Europe’s largest producer of renewable natural gas (RNG) for £1.66 billion as it moves towards net zero emissions.

Related:  Global Chelating Agents Market To Be Driven By The Increasing Demand For Chelating Agents In Various Applications In The Forecast Period Of 2022-2027

The group listed in the United Kingdom buys the Danish Nature Energy, which has 14 factories using agricultural, industrial and household waste to produce fuel.

Nature has about 30 factories planned in Denmark, the Netherlands, France and North America. Shell’s deal follows BP’s £3.4 billion take for US RNG producer Archaea last month.

RNG is touted as greener than conventional natural gas because its use of feedstocks such as manure removes gases that would otherwise have been released into the atmosphere.

Related:  WHAT BOOK would politician Vince Cable take to a desert island?

The deal is in addition to RNG projects that Shell already has in the United States. It also markets RNG for use in industries such as transportation and shipping.

Nature’s 420 employees will operate as a subsidiary of Shell, initially under its existing brand.

The Danish company has no plans in the UK.

Related:  Amazon shoppers swear by this 'seriously magic' eraser sponge to remove stubborn marks

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like


If range anxiety is putting you off the idea of owning an electric vehicle, pause for thought for one married couple planning to embark...


When the government announced help with household energy bills last year, businesses were initially left without support, despite higher costs. Following backlash from the...


Victoria Scholar of Interactive Investor explains why the FTSE 250 could outperform the FTSE 100 in 2023 Victoria Scholar is Head of Investments at...


Base rate bounce: Chase, Tandem and Newcastle BS raise easy-to-access savings rates following Bank of England hike Tandem Increases Instant Access Savings Rate to...