Shell completes 49% acquisition of wind farm developer, WestWind
Apr. 01, 2022
Shell Energy Operations Pty Ltd, a wholly-owned subsidiary of Shell plc (“Shell”), has completed its 49% acquisition of wind farm developer, WestWind Energy Development Pty Ltd (“WestWind”).
The strategic partnership with WestWind complements Shell’s existing Australian investments in zero and low-carbon assets and technologies.
Notes to editors
- WestWind has permitted approximately 2 gigawatts (GW) of Australian wind projects and aims to progress a further 3 GW of renewable capacity across New South Wales, Victoria and Queensland in the coming years.
- Shell is committed to driving the energy transition in Australia by delivering a broad range of low-carbon solutions and services to business and residential customers.
- Today, Shell’s low-carbon energy business in Australia includes supplying energy to commercial, industrial and residential customers; carbon farming specialist, Select Carbon; construction of the 120 megawatt (MW) Gangarri solar development in Queensland; home battery energy storage systems provider, sonnen Australia; and energy retailer, Powershop Australia.
- The acquisition of 49% of WestWind complements Shell’s earlier investment in Australian solar developer, ESCO Pacific, as a key part of Shell’s strategy to build a diversified and integrated portfolio of low-carbon generation assets.
- Shell plc aims to sell around 560 terawatt hours a year globally by 2030 as part of its Integrated Power business, twice as much electricity as its businesses sell today, and expects to serve more than 15 million retail and business customers worldwide as a leading provider of clean power-as-a-service
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