Shell to acquire Sprng Energy for $1.5 billion - Economic Times

4/29/2022 12:00:00 AM3 yearsago
by ET Bureau
by ET Bureau
An important part of this strategy is to develop a best-in-class integrated power business, which will help Shell to reach its target of becoming a profitable net-zero emissions energy business by 2050.
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $… [+3266 chars]
full article...