Shell agrees to acquire UK energy company, Limejump
Shell enters into an agreement to acquire a UK based energy technology company, Limejump Ltd.
Limejump is an award-winning digital energy platform, providing optimised routes to market for customers with electricity generating or consuming assets in the UK. Limejump manages one of the largest portfolios of batteries in the world through its Virtual Power Plant.
With this transaction, Limejump’s technology and management team will enable both companies to continue to take steps to support the UK energy system’s transition to a lower carbon future. Upon completion, Limejump will become a wholly owned subsidiary of Shell.
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