Constellation agrees to buy Shell’s Rhode Island State Energy Center for $715 million

• Constellation agreed to buy RISEC Holdings, owner of the Rhode Island State Energy Center, from Shell for USD 715 million.
• The Johnston, Rhode Island, combined-cycle natural gas plant has 609 MW of capacity, expanding Constellation’s ISO New England merchant portfolio.
• Asset sells power and capacity into the ISO New England wholesale market, adding flexible, dispatchable generation for regional grid reliability.
• Deal expected to be immediately accretive to operating earnings, with closing subject to regulatory approvals and other customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Constellation Energy Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202609101510BIZWIRE_USPR_____20260909_BW301280) on September 10, 2026, and is solely responsible for the information contained therein.