Published 5 months ago

Shell's Savion initiates sale of solar assets: Reports

Summary by Ground News

Shell's U.S. solar business Savion has put around a quarter of its assets up for sale. The sale is part of a retreat from owning renewables projects under CEO Wael Sawan. The total value of the assets was unclear. Shell acquired Savion for an undisclosed sum in December 2021.

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WION

Shell's Savion initiates sale of solar assets: Reports

Shell's American solar subsidiary, Savion, has initiated the sale of approximately 25 per cent of its solar assets, according to industry sources and a marketing document obtained by Reuters. The move signifies Shell's continued divestment from renewable energy projects as part of CEO Wael Sawan's realignment.

5 months ago·Noida, India

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Inquirer

Shell's US solar unit launches asset sale, sources say

NEW YORK --- Shell's U.S. solar business Savion has put around a quarter of its assets up for sale, according to a marketing document and industry sources, as the oil major extends a retreat from owning renewables projects under CEO Wael Sawan. Investment bank Jefferies is running the sale of up to 10.6 gigawatts (GW) of solar generation and storage assets currently in development, or parts of those projects, according to the document sent to po…

5 months ago·Manila, Philippines

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Oil & Gas 360

EXCLUSIVE-Shell's US solar unit launches asset sale, sources say

Nasdaq NEW YORK – Shell’s SHEL.L U.S. solar business Savion has put around a quarter of its assets up for sale, according to a marketing document and industry sources, as the oil major extends a retreat from owning renewables projects … The post EXCLUSIVE-Shell’s US solar unit launches asset sale, sources say appeared first on Oil & Gas 360.

5 months ago·Denver, United States

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Shell's Savion initiates sale of solar assets: Reports

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Shell's Savion initiates sale of solar assets: Reports

Shell's Savion initiates sale of solar assets: Reports

Shell's US solar unit launches asset sale, sources say

Shell's US solar unit launches asset sale, sources say

EXCLUSIVE-Shell's US solar unit launches asset sale, sources say

EXCLUSIVE-Shell's US solar unit launches asset sale, sources say

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