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Shell reshapes U.S. power portfolio with gas plant acquisition, $715 million sale

Shell Energy North America (SENA) has agreed to acquire 169 MW of natural gas-fired generation capacity in Pennsylvania while selling its interests in RISEC Holdings LLC to Constellation Energy Generation for $715 million.    SENA will acquire 100% of Hunlock Creek Generating LLC, which owns two gas-fired power facilities in Pennsylvania: a 125-MW, two-unit combined-cycle plant and a 44-MW simple-cycle peaking plant. The acquisition […]