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ShellAsset sale

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

What happened

Shell Energy North America has agreed to sell RISEC Holdings, LLC, owner of the Rhode Island State Energy Center, to Constellation Energy for $715 million.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Acquisition to expand Constellation's ISO New England portfolio with 609 megawatts of flexible, dispatchable generation that supports regional grid reliability BALTIMORE --(BUSINESS WIRE)--Sep. 10, 2026-- 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260909301280/en/ The Rhode Island State Energy Center in Johnston, R.I. Located in Johnston, R.I., the Rhode Island State Energy Center is a combined-cycle electric generation facility, fueled by natural gas. The facility has two combustion turbines and one steam turbine and is capable of generating up to 609 megawatts of electricity. The facility sells electricity and capacity into the competitive ISO New England wholesale power market and is expected to become part of Constellation's merchant generation portfolio. "The Rhode Island State Energy Center is a high-performing asset that perfectly complements Constellation's extraordinarily successful customer business in New England," said Joe Dominguez, chairman, president and chief executive officer, Constellation...

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Extracted by Autobound

From the Signal API record
Event
Asset sale

What this signalsSelling part of the business often leads to a new focus and new budgets.

Amount named
$715M
Location
Johnston, Rhode Island, United States

The full record

From the Signal API record

Numbers

Amount named in the story
$715M

Details

Assets
electric generation facility

Topics and mentions

Asset tags

  • production
  • energy

Extraction

Confidence
90%
Detected
Sep 10, 2026
signal_type
news
signal_subtype
sells_assets_to

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/1c0d91f6-35c3-7796-70fd-1e769413022b returns this record as JSON. POST /v1/companies/enrich returns every signal for shell.com.

{
  "signal_id": "1c0d91f6-35c3-7796-70fd-1e769413022b",
  "signal_type": "news",
  "signal_subtype": "sells_assets_to",
  "detected_at": "2026-09-10T19:10:00+00:00",
  "company": {
    "name": "Shell",
    "domain": "shell.com"
  },
  "data": {
    "url": "https://markets.ft.com/data/announce/detail?dockey=600-202609101510BIZWIRE_USPRX____20260909_BW301280-1",
    "title": "Constellation to Acquire Rhode Island State Energy Center (RISEC) from Shell – Company Announcement - Financial Times",
    "assets": "electric generation facility",
    "excerpt": "Acquisition to expand Constellation’s ISO New England portfolio with 609 megawatts of flexible, dispatchable generation that supports regional grid reliability BALTIMORE --(BUSINESS WIRE)--Sep. 10, 2026-- 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260909301280/en/ The Rhode Island State Energy Center in Johnston, R.I. Located in Johnston, R.I. , the Rhode Island State Energy Center is a combined-cycle electric generation facility, fueled by natural gas. The facility has two combustion turbines and one steam turbine and is capable of generating up to 609 megawatts of electricity. The facility sells electricity and capacity into the competitive ISO New England wholesale power market and is expected to become part of Constellation’s merchant generation portfolio. “The Rhode Island State Energy Center is a high-performing asset that perfectly complements Constellation’s extraordinarily successful customer business in New England,” said Joe Dominguez , chairman, president and chief executive officer, Constellation...",
    "summary": "Shell Energy North America has agreed to sell RISEC Holdings, LLC, owner of the Rhode Island State Energy Center, to Constellation Energy for $715 million.",
    "location": "Johnston, RI",
    "planning": true,
    "confidence": 0.9,
    "assets_tags": [
      "production",
      "energy"
    ],
    "published_at": "2026-09-10T19:10:00Z",
    "location_data": [
      {
        "city": "Johnston",
        "state": "Rhode Island",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "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.",
    "amount_normalized": 715000000,
    "related_company_name": "Constellation Energy",
    "related_company_domain": "constellationenergy.com"
  }
}

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