Shell’s subsidiary Shell USA has closed the previously announced $169 million acquisition of Volta Inc., an electric vehicle (EV) charging and media company. The all-cash deal was announced in January 2023. It was wrapped up after receipt of the required regulatory clearances and approval from Volta’s shareholders. Volta offers Shell a public charging network with […]
Shell USA, a subsidiary of Shell plc, will acquire Volta, an American electric vehicle (EV) infrastructure company listed on the New York Stock Exchange (NYSE), for around $169 million in cash to unlock long-term growth opportunities in EV charging. Under the merger agreement, Shell will own Volta’s dual charging and media network. The latter’s shareholders […]
