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Home»Posts Tagged "rhode"

Browsing: rhode

Business

Shell Energy Acquires Rhode Island Power Plant in Strategic Move

By Sam Allcock23/10/20240

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…

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Latest Stories

Online Searches for ‘Beret’ Soar Following Lewis Hamilton’s Met Gala Look 

By Lucy Contrino

DropWorks is Back Where it all Began with Summer Menu Listing

By Lucy Contrino

NEW SURVEY: PRICE TOPS REASONS FOR BUYING SECOND-HAND FURNITURE, FOLLOWED BY SUSTAINABILITY

By Lucy Contrino
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