SHELL-SIEMANS

KEITH NUTHALL
A DEAL whereby Shell Erneuerbare Energien GmbH will acquire joint control of an existing solar energy joint venture between Siemens AG and E.ONEnergie AG has been cleared by the European Commission, which has concluded that the deal will not harm competition in the sector. Shell is to contribute its own solar energy activities in Germany to the company, called Siemens Solar GmbH.

Shell Erneuerbare is a holding company within the Royal Dutch/Shell. According to the terms of the deal notified to the Commission, Deutsche Shell will ...


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