Shell plans offshore wind sales as part of strategy shift

Will Lane / Wikimedia Commons (CC BY-SA 3.0) ©


Shell is preparing to launch a sale of its offshore wind farms that could be valued at more than $1bn. The move forms part of a broader strategic shift under the company’s current leadership.

Advisers from Rothschild & Co and PJT Partners have been appointed to lead the process, with sales expected to happen in 2027.

The company is reducing its involvement in low-carbon investments, including renewable energy, while increasing its focus on liquefied natural gas trading and upstream activities.

Shell has also been reviewing strategic options for its India based Sprng Energy renewable power unit, indicating a broader reassessment of its renewable portfolio.

For more information about offshore wind farm projects across the globe, click here.

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