Ovo Energy is reportedly planning to take over the UK arm of Shell’s domestic energy supplier.
Sky News has reported that Bristol-headquartered Ovo is considering a move for Shell Energy Retail UK (SERL UK), which supplies around 1.4 million homes across Great Britain with gas and electricity.
SERL UK, which employs around 2,000 people in the UK, also has a broadband service which supplies around half a million customers.