Shell Energy North America is reshaping its US power portfolio, agreeing to acquire Pennsylvania’s 169-MW Hunlock Creek gas plant while selling its stake in 609-MW RISEC Holdings to Constellation Energy for $715 million, strengthening its PJM position and accelerating returns.
EIG, a leading institutional investor in the global energy and infrastructure sectors, and Saudi-listed Acwa have agreed to establish Plenum Power, with $4 billion initial capital, to invest in US power infrastructure.
