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Providence Business News is solely dedicated to serving the Rhode Island and southeastern Massachusetts business community.
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Constellation to buy Rhode Island State Energy Center for $715M
3+ day, 10+ hour ago (90+ words) JOHNSTON – Constellation Energy Corp. has agreed to acquire the Rhode Island State Energy Center from Shell Energy North America L.P., a subsidiary of Shell PLC, for $715 million. The deal, announced Thursday, calls for Constellation to acquire 100% of RISEC Holdings LLC,…...
Rhode Island Energy joins proposed northern Maine onshore wind farm
5+ day, 12+ hour ago (93+ words) PROVIDENCE – Rhode Island Energy has conditionally selected 150 megawatts of renewable energy from a proposed onshore wind project in northern Maine, the utility company announced Tuesday. Clearway Energy Group LLC was selected by the Maine Public Utilities Commission on Aug. 25 to…...
Five Questions With: Bob Cormier
1+ week, 2+ day ago (117+ words) Providence Business News In late August, the state-funded R.I. Life Science Hub opened applications for its Founders Compass Program, a new initiative offering one year of free lab space at the hub’s Ocean State Labs incubator. Bolstered with $250,000 in funding, the…...
Neronha files objections to proposed individual health insurance rate hikes
2+ week, 5+ day ago (130+ words) Providence Business News PROVIDENCE – Attorney General Peter F. Neronha on Tuesday filed objections with the R.I. Office of the Health Insurance Commissioner in response to requests made by two health insurers to significantly increase individual rates next year. Neronha filed…...
R.I. healthcare system struggles to make recovery
1+ mon, 1+ week ago (82+ words) Providence Business News Massive cuts to insurance, persistent staffing shortages and widespread financial woes continue to vex Rhode Island’s healthcare system in 2026, though the Ocean State also managed to extinguish some long-burning fires over the past five years. After years…...
Uniforms standards needed for Flock cameras in R.I.
1+ mon, 2+ day ago (134+ words) Providence Business News Law enforcement loves them, but a backlash is building nationally and in some local communities to Flock Group Inc. cameras, which capture and record license plate numbers of passing cars. About half of Rhode Island’s 39 cities and…...
Why everyone benefits from a strong knowledge economy
1+ mon, 1+ week ago (471+ words) Over the past 40 years, Rhode Island’s economy – like the nation’s – has been reshaped by global forces, rapid technological change and the rise of innovation-driven industries. Still, the foundation of economic success remains the same: a strong knowledge economy. The knowledge…...
Neronha urges regulators to reject R.I. Energy proposed profit hike
1+ mon, 15+ hour ago (130+ words) Neronha urges regulators to reject Rhode Island Energy’s proposed profit increase Providence Business News PROVIDENCE – R.I. Attorney General Peter F. Neronha is urging state regulators to reject Rhode Island Energy’s proposed profit increase and more than $200 million in higher…...
R.I. cannabis panel launches new adult-use licensing process
1+ mon, 15+ hour ago (126+ words) Providence Business News PROVIDENCE – Two months after Gov. Daniel J. McKee signed legislation effectively scrapping the state’s most recent cannabis retail licensing round, the R.I. Cannabis Control Commission is starting fresh with a new adult-use licensing process. The new…...
Could R.I. Supreme Court ruling have affect on many liquor licenses?
1+ mon, 2+ day ago (86+ words) Providence Business News PROVIDENCE – In addition to churches and schools, the majority owners of land within 200 feet of a proposed premises can block the issuance of a liquor license by a local board, under Rhode island law. But for decades,…...