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Announced

Completed

Shell completed the acquisition of Savion from Green Investment.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Private Equity

Acquisition

Cross Border

Friendly

Majority

Single Bidder

Renewable Energy Equipment

renewable energy projects

United States

Completed

Synopsis

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Shell, a multinational oil and gas company, completed the acquisition of Savion, a solar and energy storage developer, from Green Investment, a specialist in green infrastructure principal investment. Financial terms are not disclosed. “Savion’s significant asset pipeline, highly experienced team, and proven success as a renewable energy project developer make it a compelling fit for Shell’s growing integrated power business. As one of the fastest-growing, lowest-cost renewable energy sources, solar power is a critical element of our renewables portfolio as we accelerate our drive to net zero," Wael Sawan, Shell Integrated Gas and Renewables & Energy Solutions Director.

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