Kansas City-based Savion LLC will be acquired by Shell New Energies US LLC, a subsidiary of Royal Dutch Shell PLC, for an undisclosed amount.
The acquisition is expected to close this year, according to a Tuesday release.
Savion, a utility-scale solar electric power developer, was created in March 2019 after being spun out of the acquisition of Tradewind Energy by Enel Green Power North America. Savion is owned by Green Investment Group Ltd., a London-based subsidiary of Macquarie Group Ltd.,…
Kansas City-based Savion LLC will be acquired by Shell New Energies US LLC, a subsidiary of Royal Dutch Shell PLC, for an undisclosed amount.
The acquisition is expected to close this year, according to a Tuesday release.
Savion, a utility-scale solar electric power developer, was created in March 2019 after being spun out of the acquisition of Tradewind Energy by Enel Green Power North America. Savion is owned by Green Investment Group Ltd., a London-based subsidiary of Macquarie Group Ltd.,…