CEG, SHEL Stocks Rise Overnight: Constellation Energy To Acquire Rhode Island State Energy Center From Shell For $715M
Constellation Energy announced on Thursday that it would acquire 100% of the Rhode Island State Energy Center from Shell Energy North America for $715 million. The $715 million purchase price is equivalent to about $580 million net of expected first-year tax benefits. The 609-megawatt Rhode Island State Energy Center is a natural gas-fired combined-cycle plant … Read more