Shell to buy combined-cycle power plant in U.S. trading market

seekingalpha
24 Oct 2024

RiverNorthPhotography/iStock Unreleased via Getty Images

Shell (NYSE:SHEL) said Wednesday it agreed to acquire RISEC Holdings, which owns a 609 MW two-unit combined-cycle gas turbine power plant in Rhode Island; financial terms were not disclosed.

Shell (SHEL) said the deal secures long-term supply and capacity

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