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YahooSeptember 24, 2026 at 6:16 PM NYLast Month

Could Constellation Energy (CEG)’s $715 Million Shell (SHEL) Deal Accelerate its Power Growth?

On September 10, 2026, Constellation Energy Corporation (NASDAQ:CEG) announced an agreement to acquire 100% of RISEC Holdings, LLC, owner of the Rhode Island State Energy Center (RISEC), from Shell Energy North America, a subsidiary of Shell plc (NYSE:SHEL), for $715 million. The 609-megawatt, natural gas-fired combined-cycle facility sells power into the ISO New England wholesale […]

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