Shell divests 50% stake in SouthCoast Wind to Ocean Winds to refocus on renewable energy strategy
In a significant move within the renewable energy sector, Shell New Energies US LLC (Shell), a subsidiary of global energy giant Shell plc, has concluded the sale of its 50% equity stake in SouthCoast Wind Energy LLC (SouthCoast Wind) to its joint venture partner Ocean Winds North America LLC (Ocean Winds). This strategic divestment is […]