Shell's Savion initiates sale of solar assets: Reports
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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…
·Manila, Philippines
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