Shell, Statkraft said to join race to acquire Morgan Stanley-backed Continuum

Shell, Statkraft said to join race to acquire Morgan Stanley-backed Continuum

Photographer: Mark Kauzlarich/Bloomberg

Global energy major Royal Dutch Shell and Norway’s state utility Statkraft have joined the race to buy Morgan Stanley Infrastructure Partners-owned wind energy platform Continuum Wind Energy, two people aware of the development said. Earlier this month, Mint reported that CLP India is in talks to acquire the wind energy platform.