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SHEL Shell Plc

2,858.50
-14.50 (-0.50%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:SHEL London Ordinary Share GB00BP6MXD84 ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -14.50 -0.50% 2,858.50 2,855.50 2,856.50 2,881.50 2,846.00 2,872.00 5,507,824 16:35:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9802 9.58 185.55B

Shell Buys 51% Stake in Floating Wind Farm Project Offshore Ireland

27/01/2021 10:59am

Dow Jones News


Shell (LSE:SHEL)
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By Jaime Llinares Taboada

 

Royal Dutch Shell PLC said Wednesday that it has agreed to acquire a 51% stake in a project to develop a floating wind farm in the Celtic Sea, off the south coast of Ireland.

The Anglo Dutch oil major said the deal was reached with Irish developer Simply Blue Energy, which will remain as operator of the project.

The wind farm is initially expected to have an installed capacity of 300 megawatts, but there is potential to scale-up the project to 1 gigawatt.

Shell is one of the largest oil and gas companies in the world, but has set an ambition to become a net-zero emissions business by 2050 or sooner.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

January 27, 2021 05:44 ET (10:44 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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