Shell to acquire RISEC combined-cycle power plant in Rhode Island

Shell Energy North America signed an agreement to acquire 100% equity in RISEC Holdings, which owns a 609 MW combined-cycle gas turbine power plant in Rhode Island, USA. The acquisition secures long-term supply in the ISO New England market and is expected to close in Q1 2025.

“Shell Energy North America (US), L.P., a subsidiary of Shell plc, has signed an agreement to acquire a 100% equity stake in RISEC Holdings, LLC, which owns a 609-megawatt two-unit combined-cycle gas turbine power plant in Rhode Island, USA.”prnewswire.com

• 2 sources
• prnewswire.comShell to acquire combined-cycle power plant in priority U.S. trading marketShellOct 23, 2024
• reuters.comShell to acquire power plant operator RISEC HoldingsOct 23, 2024

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