Energy · 2 views
Constellation Energy in deal to buy 609-MW Rhode Island gas plant from Shell
The deal expands Constellation’s ISO New England portfolio. In a separate transaction, Shell acquired a 169-MW Pennsylvania gas portfolio to grow its PJM Interconnection position.
Summary
The deal expands Constellation’s ISO New England portfolio. In a separate transaction, Shell acquired a 169-MW Pennsylvania gas portfolio to grow its PJM Interconnection position. In the first half of the year, the value of power market M&A grew 173% to $216 billion, compared with the first half of 2025, according to PwC data.
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