Shell Acquires Solar-Development Company in Italy
January 19 2022 - 6:49AM
Dow Jones News
By Jaime Llinares Taboada
Royal Dutch Shell PLC said Wednesday that it has acquired a
developer of solar-power-generation projects in Italy.
The oil-and-gas company has acquired solar-konzept Italia Srl, a
subsidiary of Germany's solar-konzept International GmbH. The deal
increases Shell's solar-development pipeline in Italy to around 2
gigawatts, it said.
Shell said that the acquisition makes it one of the leading
solar developers in the Mediterranean country.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
January 19, 2022 06:34 ET (11:34 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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