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Shell Energy North America (US), L.P. (SENA), a subsidiary of Shell plc, has announced its agreement to acquire a 100% equity stake in RISEC Holdings, LLC, which owns a combined-cycle gas turbine power plant with a capacity of 609 megawatts (MW) in Rhode Island, USA. This strategic acquisition aims to bolster Shell’s position in the deregulated Independent System Operator New England (ISO New England) power market. The Rhode Island plant has been a vital asset for Shell since 2019, when SENA entered into an energy conversion agreement for 100% of the plant’s energy offtake. The acquisition will not only secure…