Shell completed the acquisition of Savion from Green Investment.

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.