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Renaissance Africa Energy completes Shell acquisition

PRIVATEMar 14, 2025

Acquiring Company

Renaissance Africa Energy Holdings

Acquired Company

Shell

LagosLondonEnergyOil And GasRenewable EnergyManufacturingEnergyOil And GasBiomass Energy

Description

Renaissance Africa Energy Holdings has successfully acquired the onshore assets of Shell Petroleum Development Company of Nigeria. The consortium announced the completion of the transaction, which has received all necessary regulatory approvals and aligns with their vision for energy security in Africa. The acquired company will now operate as Renaissance Africa Energy Company Limited.

Quick answer

Renaissance Africa Energy Holdings is acquiring Shell, announced March 14, 2025. Renaissance Africa Energy Holdings is based in Lagos, Lagos State, Nigeria.

How much did Renaissance Africa Energy Holdings pay for Shell?
The deal value was not disclosed.
What does Renaissance Africa Energy Holdings do?
Renaissance Africa Energy Company is a consortium of five (5) energy companies consisting of 4 Nigerian companies and an international company in collaboration to become catalysts of change by channelling Africa's..
Where are Renaissance Africa Energy Holdings and Shell based?
Renaissance Africa Energy Holdings is based in Lagos, Lagos State, Nigeria. Shell is based in London, England, United Kingdom.

Source: Fundz verified event record.

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Company Information

Company

Renaissance Africa Energy Holdings

Location

Lagos, Lagos State, Nigeria

About

Renaissance Africa Energy Company is a consortium of five (5) energy companies consisting of 4 Nigerian companies and an international company in collaboration to become catalysts of change by channelling Africa's abundant energy resources. Rooted in a commitment to excellence, Renaissance Africa is forging an energy-driven future where every initiative is a testament to our dedication to advancement and sustainable growth, as we propel Africa towards development at the forefront of innovation.

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Frequently asked

Who acquired Shell?

Shell was acquired by Renaissance Africa Energy Holdings, based in Lagos. The deal was reported on March 14, 2025. Renaissance Africa Energy Holdings is privately held and operates in Energy.

When did Renaissance Africa Energy Holdings acquire Shell?

Renaissance Africa Energy Holdings's acquisition of Shell was reported on March 14, 2025. Renaissance Africa Energy Holdings has successfully acquired the onshore assets of Shell Petroleum Development Company of Nigeria. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Shell do?

Shell plc is a global group of energy and petrochemical companies. The company explores, produces, and refines oil and gas, and sells petroleum and other chemical products. It is publicly traded (SHEL), operating in Manufacturing, and is based in London.

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