Shell's Savion, Ares Management to launch U.S. solar JV

11 hours ago 1
Abstract aerial/drone view over a field of solar panels at sunrise

Justin Paget

Shell (NYSE:SHEL) subsidiary Savion Eequity and Ares Management (NYSE:ARES) said Monday they established a joint venture to support solar energy development and management in the U.S.; financial terms were not disclosed.

Ares (NYSE:ARES) said it will own 80% and Savion

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