Shell Acquires US-Based Solar and Energy Storage Developer Savion

Savion has a pipeline of 18 GW of solar and energy storage projects

December 15, 2021

/ Arjun Joshi
/ Finance and M&A, Solar
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Shell New Energies, a subsidiary of Royal Dutch Shell, has signed an agreement to buy a 100% stake in Savion, a utility-scale solar and energy storage developer in the U.S., from Macquarie’s Green Investment Group.

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Arjun Joshi

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AcquisitionEnergy StorageSavionShellSolar
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