Shell completes acquisition of 1,100 MW solar PV projects in Spain
Date
June 02, 2023
Type
M&A Transactions
Subtype
Transaction completed
Countries
Spain
Subsectors
Photovoltaic
Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Shell has completed the acquisition of a 1,100 MW solar photovoltaic facility located in Spain from Isemaren.
The projects are installed across different regions in Spain. The deal is part of the Framework Agreement signed between the consultancy firm specializing in green investment and ecological transition and Shell in 2022.
Shell has pulled out of various renewables and low-carbon projects throughout the world in recent months as the new management aims to focus on higher-return operations.
