Shell US Portfolio Shift

Shell Acquires Pennsylvania Power Plant and Sells Rhode Island Stake for Millions

Shell Energy North America (US), L.P. (SENA), a subsidiary of Shell plc (Shell), has signed two transactions as part of its ongoing management of its US power portfolio. The acquisition of 100% equity in Hunlock Creek Generating LLC (Hunlock), which owns 169 megawatts (MW) of natural gas-fired generation capacity in Pennsylvania, is expected to strengthen Shell's position in the PJM power market. The sale of interests in RISEC Holdings, LLC (RISEC) to Constellation Energy Generation, LLC for $715 million is also expected to close in the first quarter of 2027. Both transactions are pending regulatory approvals.

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