Shell Considers Buying Dutch Green Energy Supplier

Shell is mulling over a bid for Dutch green energy company Eneco Group, which is active in wind, solar, and biomass, the Dutch newspaper De Telegraaf reported, citing sources from the banking industry. While Shell declined to comment on the report, the daily said it had hired a U.S.-based bank to help it arrange the offer. But it is not alone in its plans for Eneco, according to the paper: French Total has also contacted advisors for a possible bid. And that’s just the Big Oil suitors. Telegraaf said there are a number of other potential…

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