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COLUMBUS, Ohio, Sept. 14, 2016 – American Electric Power (NYSE: AEP) has signed an agreement to sell four competitive power plants totaling approximately 5,200 megawatts (MW) for approximately $2.17 billion to a newly formed joint venture of Blackstone (NYSE: BX) and ArcLight Capital Partners LLC (ArcLight).
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Jan 30, 2017· AEP has closed on its previously announced sale of four power plants, three of them in Ohio and the other in Indiana. American Electric Power Company Inc. (NYSE:AEP) sold the plants for $2.1 billion to New York-based Blackstone Group LP and an ArcLight Capital Partners affiliate and operate a joint ...
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Exclusive: American Electric Power Taps Goldman for Plant Sale of Up to $3.6B. The 7,923 megawatt merchant generation business could fetch between $2.8 billion and $3.6 billion. Amanda Levin. Jan 6, 2015 11:55 AM EST. NEW YORK --American Electric Power Co. , the Columbus, Ohio-based electric utility with a $29 billion market …
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Oct 19, 2016· In September AEP sold a portfolio of merchant power plants. Based on various assumptions, it looks like the baseload gas plants …
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