Shell Wind Energy and Savion Equity, both subsidiaries of Shell plc, have agreed to sell partial ownership stake in two U.S.-based renewable projects to InfraRed Capital Partners.
Shell will sell 60% interest in Brazos Wind Holdings, a 182 MW onshore wind farm in Fluvanna, Texas, and 50% interest in Madison Fields, a 180 MW solar development in Madison County, Ohio.
“This agreement follows our guidance at Shell’s Capital Markets Day to pursue dilutions in ownership from power interests while maintaining access to renewable electrons via select offtake agreements,” says Glenn Wright, Shell Energy Americas’ senior vice president. “We continue to take a disciplined approach within our current renewables portfolio, aiming to work with partners and focus on opportunities where we can integrate across the value chain through trading and optimization.”
Through the current agreement, Shell will retain 100% of power offtake from the Brazos project through Shell Energy North America. The Madison Fields project will retain an existing corporate PPA in place with a third party. Shell will be the asset manager of Brazos and Madison Fields, with both projects benefiting from Inflation Reduction Act tax credits.
The sale of both assets is expected to be completed by early next year, with an effective date of this month.
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Shell Sells Partial Stakes in Brazos, Madison Fields to InfraRed Capital Partners
Here’s a story:
He had 3 days left until graduation.
Kendrick Castillo was 18. A robotics student. College bound. Accepted into an engineering program. The final week of school felt like countdown, not crisis.
Then a weapon appeared inside a classroom.
Students froze.
Kendrick did not.
Witnesses say he moved instantly. He lunged toward the attacker. No hesitation. No calculation.
Two other students followed his lead.
Gunfire erupted.
Kendrick was fatally sh*t.
But his movement changed the room.
Classmates were able to tackle and restrain the attacker until authorities arrived. Investigators later stated that the confrontation disrupted the attack and likely prevented additional casualties.
In seconds, an 18-year-old made a decision most adults pray they never face.
Afterward, the silence was heavier than the noise.
At graduation, his name was called.
His diploma was awarded posthumously. The arena stood in collective applause. An empty seat. A cap and gown without the student inside it.
His robotics teammates remembered him as curious. Competitive. Kind. Someone who solved problems instead of avoiding them.
He had planned to build machines.
Instead, he built a moment.
A moment that classmates say gave them time.
Time to escape.
Two points:
If you can read this without tears welling up in your eyes, you’re a far more stoic person than I.
Since Big Money has made it impossible for the United States to implement the same common-sense gun laws that exist in the rest of the planet, this story will reduplicate itself into perpetuity.
How often does this happen? How about never?
Trump loves to say that little boys go to school and come back home little girls.
He’s the most powerful person in the world for exactly one reason: We’re a nation of morons.
Two comments:
That the United States has homeless veterans is a national (and international) disgrace.
By definition, no one has the legal right to enter the U.S. illegally, but according to our constitution, everyone in America is entitled to due process.
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