# EGCO Group completes acquisition of 49% stake in 609 MW Rhode Island gas power plant

EGCO Group completed the acquisition of a 49% interest in the Rhode Island State Energy Center, a 609 MW natural gas-fired combined-cycle power plant in Johnston, Rhode Island, on 24 March 2023. The deal adds 298 MWe to EGCO's capacity.

- Type: Acquisition
- Announced: 2023-03-27
- Where: Johnston, Rhode Island, United States
- Status: completed
- Capacity: 609 MW
- Products: natural gas-fired electricity
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Shell Energy North America](https://endata.com/companies/43005.md) (customer)
- [EGCO Group](https://endata.com/companies/56750.md) (acquirer)
- [Rhode Island State Energy Center](https://endata.com/companies/69322.md) (target)

## Sources

- [egco.com](https://www.egco.com/en/newsroom/press-releases/339/egco-group-completes-acquisition-of-49-interest-in-usa-609-mw-natural-gas-power-facility), 2023-03-27: "EGCO Group confirmed the successful completion of its acquisition of a 49% interest in Rhode Island State Energy Center, LP (“RISEC”), a 609MW natural gas fired combined-cycle power plant situated in Johnston, Rhode Island in the United States."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.