Shell sells stake in RISEC power plant to Constellation for $715 million - SHEL News | RalliesShell sells stake in RISEC power plant to Constellation for $715 million
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SHEL• Shell signs two U.S. power-plant portfolio deals
- Shell signed two U.S. power-plant portfolio deals, including buying Hunlock Creek Generating in Pennsylvania.
- Hunlock Creek owns 169 MW of natural gas-fired capacity, strengthening Shell Energy North America’s position in the PJM market.
- Shell also agreed to sell its interests in RISEC Holdings to Constellation Energy Generation for $715 million.
- RISEC owns a 609 MW combined-cycle gas plant serving the New England power market.
- Both transactions are expected to close in Q1 2027, subject to regulatory approvals.
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