Shell to acquire RISEC.

Shell, an oil and chemical group engaged in the exploration, production, transportation, refining, distribution and marketing of crude oil, gas, and petroleum products, agreed to acquire RISEC, the owner of a 609-megawatt gas power plant in Rhode Island. Financial terms were not disclosed. Shell's acquisition of RISEC will be absorbed within its cash capital expenditure guidance. The deal is expected to close in the first quarter of 2025.