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Shell to become clean energy provider with acquisition of Inspire

Inspire, a company that purchases renewable energy credits (RECS) and retires them on behalf of its customers, announced it has signed an agreement to become a wholly owned subsidiary of Shell New Energies US LLC. As part of Shell, Inspire intends to rapidly scale its offering of access to sustainable energy to U.S. households.

According to its website, Inspire is licensed to do business in several deregulated states and DC. It recruits customers and sells them clean energy for a fixed price.

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