CISION PR Newswire
Shell acquires solar and energy storage developer Savion, further expanding its global renewable power business
NEWS PROVIDED BY Shell Dec 14, 2021, 07:00 ETHOUSTON, Dec. 14, 2021 /PRNewswire/ — Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie’s Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio.