Energy: Shell Sells German Storage Company Sonnen to Investor

Handelsblatt

Lean Right

Factuality

Ownership

After years of searching, the oil company has found a buyer for the Allgäu company. Shell's business is associated with a loss of several hundred million euros.

Augsburger Allgemeine

Factuality

Ownership

Sonnen manufactures home storage systems for photovoltaic power in the Allgäu region. Now, the energy company Shell has transferred the company to a new owner. Is a restructuring necessary?

finance-magazin.de

Factuality

Ownership

Once hopeful, now sold as a remediation case: Shell separates from solar company Sonnen. The company is to renovate Turnaround investor Aurelius, but the owner is someone else.