Shell Puts U.S. Solar Assets Up for Sale ...Middle East

OILPRICE - Economy
Shell Puts U.S. Solar Assets Up for Sale
source : OILPRICE ( Middle East ) () 51
Shell has put a quarter of its solar power assets in the United States on the market, Reuters reports, citing a company document and unnamed industry sources. The assets total some 10.6 GW in generation and energy storage capacity, the report said, quoting the document that Shell sent to investors. The assets are under construction and Shell is offering both whole projects and parts of projects for sale. The move follows a pivot announced by new chief executive Wael Sawan last year that would see Shell refocus on its core business of extracting…

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