Shell signs US power plant transactions as part of active portfolio management
Shell, via subsidiary Shell Energy North America, signed two US power transactions: the acquisition of 100% of Hunlock Creek Generating, which owns 169 MW of gas-fired capacity in Pennsylvania, and the sale of its interests in RISEC Holdings to Constellation Energy Generation for $715 million. The Hunlock deal secures supply and capacity offtake in PJM, the largest US wholesale power market, and is projected to generate returns exceeding Shell's power-business investment requirements set at its 2025 Capital Markets Day.
Key figures
- Deal Value Usd
- 715000000
- Expected close
- Q1 2027
- Risec capacity mw
- 609
- Hunlock peaking mw
- 44
- Hunlock capacity mw
- 169
- Hunlock combined cycle mw
- 125
AI analysis
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