Shell Is Said to Explore Stake Sale in Renewable Power Unit (1)

Shell Plc is exploring options for its global renewable power operations, including a potential stake sale to outside investors, people with knowledge of the matter said.

The UK energy giant is working with advisers to study a range of possibilities that could also include separating the business into a more independent unit, the people said. It’s approached a number of international investors to gauge their interest in buying a stake, according to the people, who asked not to be identified because the information is private.

The deliberations come as Chief Executive Officer Wael Sawan focuses the company’s investments on fossil ...