Just Energy Subsidiary Inks Supply Agreement with Shell Energy

Hudson Energy Supply UK Limited, a subsidiary of Just Energy Group Inc., has entered into a 5-year strategic supply arrangement with Shell Energy Europe Limited for Hudson's retail business in the United Kingdom.

Under the arrangement, Shell will be the wholesale supplier for Hudson. The arrangement also accommodates Hudson's forecasted working capital requirements for continued customer growth.

Ken Hartwick, President and CEO of Just Energy, stated, "We view this agreement as a key first step in the expansion of our retail business from North America to Europe. Just Energy has expanded our strategic partnership with Shell thereby ensuring that our Hudson customers continue to receive the quality of service and product they have come to expect. Shell was Just Energy's initial supplier in Ontario in 1997 and this arrangement continues that strong foundation of respect and commercial opportunity between our two leading energy companies."

Deb Merril, President of Hudson, added, "This partnership with Shell will provide Hudson with the long term security in its ability to grow and offer competitive products to customers in the United Kingdom."