Shell signs US power plant transactions as part of active portfolio management
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12 Articles
Shell signs US power plant transactions as part of active portfolio management
HOUSTON, Sept. 10, 2026 /PRNewswire/ -- Shell Energy North America (US), L.P. (SENA), a subsidiary of Shell plc (Shell), has signed two transactions as part of its ongoing management of
Shell reshapes U.S. power portfolio with gas plant acquisition, $715 million sale
Shell will acquire 169 MW of natural gas-fired power generation in Pennsylvania while selling its interests in the 609-MW RISEC gas-fired power plant to Constellation Energy for $715 million.
London-listed oil and gas company Shell has decided to sell its shares in a natural gas-fired power plant in Rhode Island, USA, to Constellation Energy for $715 million, equivalent to SEK 6.9 billion, Reuters reports.
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