Shell has sold its 50% equity share in SouthCoast Wind Energy, a joint venture set up to develop offshore wind projects off the coast of Massachusetts, as the supermajor continues to divest assets in line with its new strategy to high-grade its renewable projects globally. Shell sold its stake in SouthCoast Wind to its joint venture partner Ocean Winds North America LLC for an undisclosed sum. “In-line with our Powering Progress strategy, Shell continues to hone our portfolio of renewable generation projects…
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