Shell Energy Retail to acquire Green Star Energy and Hudson Energy
By: Shell Energy
09 Oct 2019
On the 8th October 2019, we signed an agreement to buy Hudson Energy Supply UK Limited, which trades as Green Star Energy for consumers and Hudson Energy for businesses, subject to regulatory approvals.
We’re looking forward to being able to welcome their customers and our new colleagues into the Shell Energy Retail family to be part of our journey towards a better energy future following completion of the deal.
We think this is good news for the approximately 200,000 customers of Green Star Energy. In the near term, post-completion, they’ll continue on their existing tariffs and pricing, with 100% renewable electricity as standard. In time we’ll look to extend our additional benefits like 3% discount on fuel via the Shell Go+ app (up to 60 litres, per household, per month), discounted Electric Vehicle chargers and a range of smart home technology like Nest thermostats.
For both Hudson Energy and Green Star Energy, nothing changes at this stage as the deal is subject to regulatory approval. We currently expect that it will be towards the end of this year or early 2020 before we have all the approvals to allow us to complete. Until then Green Star Energy and Hudson Energy will continue to operate as separate businesses and will continue to serve their customers as they do now.
Once the deal has been completed we’ll take time to integrate the two companies in a way that prioritises the customer experience. We’ll be in touch with customers as soon as we have more to update.