Courtney Goldsmith: Thursday 1 March 2018 2:35pm
Oil major Royal Dutch Shell has completed its acquisition of one of the UK’s biggest challenger energy suppliers and appointed Colin Crooks as its chief executive.
In December, Shell revealed it would buy First Utility in a deal thought to be worth £200m.
The energy supplier, which serves around 825,000 homes in the UK, will now become a subsidiary of Shell within its new energies division and be led by Crooks, previously Shell’s vice president of downstream strategy and portfolio.