The French Oil and Gas corporation Total is reportedly considering an acquisition of Eneco. Shell is already in the game together with PGGM pension fund.

Total views incorporation of Eneco as interesting. Also the names of the companies Engie, Enel, Macquarie and Mitsubishi Corporation to do the round. Spokespersons of the parties do not comment the possible deal.

For oil gigants such as Total and Shell, Eneco is interesting option to directly provide energy to consumers. Thus they cover themselves, according to experts, against the risk that the demand for petrol and diesel suddenly considerably lower due to stricter environmental regulations and the emergence of electric drive. Shell invests, the latter of which is also more and more in clean energy and want to make that investment further.

The value of Eneco is previously 3 to 4 billion euros is estimated.

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