Shell Australia to acquire a 49% stake in WestWind Energy Development.

Shell Australia, a wholly-owned subsidiary of Shell, an oil and chemical group, agreed to acquire a 49% stake in WestWind Energy Development, a wind farm developer. Financial terms,s were not disclosed. “This strategic partnership with WestWind complements Shell’s investments over recent years across large scale solar, carbon trading and power retailing, generation and trading. It demonstrates our commitment to delivering a broad range of low-carbon products and services to residential and commercial customers,” Tony Nunan, Shell Australia Country Chair.