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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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Inquirer broke the news in Manila, Philippines on Thursday, February 29, 2024.
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