AEP Selling Its Renewable Energy Portfolio
American Electric Power is selling its 1,365 MW unregulated, contracted renewable energy portfolio to IRG Acquisition Holdings, a partnership owned by Invenergy, CDPQ and funds managed by Blackstone Infrastructure, at an enterprise value of $1.5 billion including project debt. The sale portfolio includes 14 projects, representing 1,200 MW of wind and 165 MW of solar […]
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