By Jaime Llinares Taboada


Royal Dutch Shell PLC said Wednesday that it has acquired a developer of solar-power-generation projects in Italy.

The oil-and-gas company has acquired solar-konzept Italia Srl, a subsidiary of Germany's solar-konzept International GmbH. The deal increases Shell's solar-development pipeline in Italy to around 2 gigawatts, it said.

Shell said that the acquisition makes it one of the leading solar developers in the Mediterranean country.


Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT


(END) Dow Jones Newswires

01-19-22 0634ET