Shell teams with ICG to buy Meridian’s Australian assets in $729m deal
International oil giant Shell is set to acquire Australian energy retailer Powershop after partnering with Sydney-headquartered investment manager Infrastructure Capital Group in a $729 million deal which will see the consortium purchase all of Meridian Energy’s Australian assets.
Shell breaks ground on 120 MW PV project to power onshore gas operations
Construction has begun on Royal Dutch Shell’s 120 MW solar farm which will generate clean energy for QGC’s natural gas processing plants near Wandoan in South West Queensland. The project is the oil major’s first global investment in an industrial-scale solar farm.
