Acquiring Company
Constellation Energy
Acquired Company
Shell Energy North America
BaltimoreUnited StatesEnergyOil And GasRenewable EnergyBiomass EnergyEnergyOil And GasRenewable EnergyEnergy ManagementDescription
Constellation Energy has signed a deal to acquire the Rhode Island State Energy Center (RISEC) from Shell Energy North America for $715 million. This transaction is expected to close in the first quarter of 2027, pending regulatory approvals. The acquisition will significantly boost Constellation's energy assets in New England, enhancing its reliability and operational efficiency.
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Based on deal dataFrequently asked
Who acquired Shell Energy North America?
Shell Energy North America was acquired by Constellation Energy, based in Baltimore. The deal was reported on September 12, 2026. Constellation Energy is the country's largest operator of nuclear power plants and has been awarded a record $1 billion in contracts to supply nuclear power to the U.S. government over the next decade. Constellation Energy is publicly traded (CEG) and operates in Energy.
When did Constellation Energy acquire Shell Energy North America?
Constellation Energy's acquisition of Shell Energy North America was reported on September 12, 2026. Constellation Energy has signed a deal to acquire the Rhode Island State Energy Center (RISEC) from Shell Energy North America for $715 million. This transaction is expected to close in the first quarter of 2027, pending regulatory approvals. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Shell Energy North America do?
Shell Energy North America is a subsidiary of Shell, involved in energy trading and providing various energy services across the North American market. It is privately held, operating in Energy, and is based in United States.
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