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Constellation to acquire RISEC for $715 million
PUBLIC · CEGSep 10, 2026•about 3 hours ago
Acquiring Company
Constellation Energy Corporation
Acquired Company
RISEC Holdings
BaltimoreRhode IslandEnergyOil And GasRenewable EnergyBiomass EnergyEnergyRenewable EnergySolar
Description
Constellation Energy Corporation has announced its agreement to acquire RISEC Holdings, LLC for $715 million. This acquisition will boost Constellation's energy generation capabilities in the ISO New England market. RISEC operates the Rhode Island State Energy Center, a facility that has been providing power since 2002. The transaction is expected to close after regulatory approvals are obtained.
Company Information
Company
Constellation Energy Corporation
Location
Baltimore, Maryland, United States
About
Constellation Energy Corporation (Nasdaq: CEG), a Fortune 200 company headquartered in Baltimore, is the nation's largest producer of reliable, emissions-free energy and a leading energy supplier to businesses, homes and public sector customers nationwide, including three-fourths of Fortune 100 companies. With annual output that is nearly 90% carbon-free, our hydro, wind and solar facilities paired with the nation's largest nuclear fleet have the generating capacity to power the equivalent of 16 million homes, providing about 10% of the nation's clean energy. We are committed to investing in innovative technologies to drive the transition to a reliable, sustainable and secure energy future.
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Frequently asked
Who acquired RISEC Holdings?
RISEC Holdings was acquired by Constellation Energy Corporation, based in Baltimore. The deal was reported on September 10, 2026. Constellation Energy Corporation is publicly traded (CEG) and operates in Energy.
When did Constellation Energy Corporation acquire RISEC Holdings?
Constellation Energy Corporation's acquisition of RISEC Holdings was reported on September 10, 2026. Constellation Energy Corporation has announced its agreement to acquire RISEC Holdings, LLC for $715 million. This acquisition will boost Constellation's energy generation capabilities in the ISO New England market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does RISEC Holdings do?
RISEC Holdings, LLC (RISEC) owns a 609-megawatt (MW) two-unit combined-cycle gas turbine power plant outside Providence, Rhode Island. It is privately held, operating in Energy, and is based in Rhode Island.
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