Constellation to Acquire Rhode Island State Energy Center (RISEC) from Shell

Acquisition to expand Constellation’s ISO New England portfolio with 609 megawatts of flexible, dispatchable generation that supports regional grid reliability

Constellation (NASDAQ:CEG) today announced an agreement to acquire 100% of RISEC Holdings, LLC (RISEC), owner of the Rhode Island State Energy Center, from Shell Energy North America, (US), L.P. (SENA) a subsidiary of Shell plc (Shell) for $715 million, subject to customary purchase price adjustments.

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