# 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.

- Type: Acquisition
- Announced: 2022-09-29
- Where: Nigeria, Nigeria
- Status: announced
- Products: hybrid solar power solutions
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Shell](https://endata.com/companies/351.md) (acquirer)
- [Daystar Power Energy Services](https://endata.com/companies/65657.md) (target)
- [Daystar Power](https://endata.com/companies/65665.md) (target)

## Sources

- [investogist.com](https://investogist.com/shell-to-acquire-nigerias-renewable-energy-company/), 2022-09-29: "This deal marks our first power acquisition in Africa and a fundamental step for Shell in growing our presence in emerging power markets."
- [environmentafricamag.com](https://environmentafricamag.com/2022/09/29/shell-acquires-first-africa-based-clean-energy-company-daystar-power/), 2022-09-29: "This deal marks our first power acquisition in Africa and a fundamental step for Shell in growing our presence in emerging power markets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.