Shell sells RISEC interest to Constellation for $715 mln, acquires Hunlock Creek plant
10/09/2026 20:27
Shell sells RISEC interest to Constellation for $715 mln, acquires Hunlock Creek plant Sept 10 (Reuters) - Shell's SHEL.L North American unit said on Thursday it has agreed to sell its interests in RISEC Holdings to Constellation Energy CEG.O for $715 million, as part of ongoing portfolio management efforts in the U.S. power market.
Seperately, the British oil and gas major will also acquire 100% equity in Hunlock Creek Generating, which owns 169 megawatts of natural gas-fired generation capacity in Pennsylvania.
(Reporting by Pooja Menon in Bengaluru; Editing by Shailesh Kuber)