Shell completed the acquisition of RISEC.

Shell, an oil and chemical group engaged in the exploration, production, transportation, refining, distribution and marketing of crude oil, gas, and petroleum products, completed the acquisition of RISEC, the owner of a 609-megawatt gas power plant in Rhode Island. Financial terms were not disclosed. This acquisition allows Shell to continue an energy supply agreement that has been in place since 2019 and secure long-term energy offtake from the plant, maintaining Shell's position in the ISO New England power market. The acquisition preserves SENA's current operations and mitigates market risk by ensuring a reliable and stable power generation source.