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Shell prepares $1bn wind farm sale as focus shifts from renewables
Key takeaways
- Shell prepares $1bn wind farm sale as focus shifts from renewables Shell withdrew from planned offshore wind projects in Scotland last year. · Power Technology · Julius Kielaitis/Shutterstock.com.
- The move marks Shell’s latest step to scale back its renewable energy operations in favour of its more profitable fossil fuel activities.
- The company has appointed advisers from Rothschild & Co and PJT Partners to oversee the potential sale.
Shell prepares $1bn wind farm sale as focus shifts from renewables Shell withdrew from planned offshore wind projects in Scotland last year. · Power Technology · Julius Kielaitis/Shutterstock.com. Anwesha Pattanaik Mon, June 15, 2026 at 6:11 PM GMT+7 2 min read SHEL PJT British oil, gas and energy company Shell is preparing to sell its offshore wind farms in a transaction that could exceed $1bn (£744.78m) as its focus shifts from renewables, according to a Bloomberg report.
The move marks Shell’s latest step to scale back its renewable energy operations in favour of its more profitable fossil fuel activities.
The company has appointed advisers from Rothschild & Co and PJT Partners to oversee the potential sale.
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