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Shell enters Australia power industry with $419 million bid for ERM Power

MELBOURNE: Royal Dutch Shell has made its first foray into Australia’s highly competitive power sector with a A$617 million ($419 million) takeover offer for ERM Power Ltd, the country’s no.2 energy retailer to businesses and industry. The deal would instantly give Shell a power supplier with almost a quarter share of the commercial and industrial […]

Energy Policy: Supporting Low Carbon Transition in Asia and the Pacific