Shell to acquire Daystar Power Energy Services

Shell announced it will acquire Nigeria-based Daystar Power Energy Services, a provider of hybrid solar power solutions to commercial and industrial businesses. The deal is subject to regulatory approvals and the value was not disclosed.

“This deal marks our first power acquisition in Africa and a fundamental step for Shell in growing our presence in emerging power markets.”investogist.com

• 2 sources
• investogist.comInvestogist - Shell to acquire Nigeria's renewable energy companyNnamdi MaduakorSep 29, 2022
• environmentafricamag.comShell acquires first Africa-based clean energy company, Daystar Power - Environment Africa MagazineNewsDeskSep 29, 2022

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