SOLV Energy Debuts On Nasdaq At $6B Valuation As Renewable Infrastructure Gains Investor Momentum
SOLV Energy’s shares jumped 20% on debut, reflecting renewed investor appetite for renewable infrastructure and energy transition assets. The company raised $512.5 million, aiming to deleverage its balance sheet while capitalizing on an $8 billion project backlog. Stronger equity markets and lower interest rates are reopening IPO pipelines for climate and energy firms navigating shifting […]
Shell Reviews Strategic Options For $1.55B Sprng Energy As Oil Majors Reset Low Carbon Strategy
Shell is reviewing strategic options for its India based Sprng Energy unit, a renewable platform with 2,300 MWp operational capacity and more than 5,000 MWp contracted projects. The move reflects a broader capital shift among European oil majors toward LNG trading and upstream assets amid weaker oil prices and investor pressure. Strategy resets at Shell […]
