AEP Completes New Mexico Solar Asset Sale

27, Feb 2024

American Electric Power (AEP) has completed the sale of its 50% interest in New Mexico Renewable Development (NMRD) to Exus North America Holdings, netting approximately $104 million in the deal. The sale portfolio includes nine operating solar developments totaling 185 MW and six projects under development with an estimated 440 MW output. AEP began the […]