Shell Energy North America (US), L.P. (SENA) has formally closed on its previously reported acquisition of MP2 Energy LLC (MP2)

"MP2 is an energy leader in Demand Response Solutions and is developing new and innovative approaches to on-site generation management. These strengths now combined with SENA's trading capabilities, market knowledge and balance sheet result is an entity that can compete with the largest and most sophisticated energy providers delivering electricity across the U.S.," Shell said

MP2 will continue to be managed by the existing MP2 management team as a wholly-owned subsidiary of Shell Energy North America.

Tags:
M&A   Shell Energy North America   MP2 Energy  

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