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July 07, 2022
AEP, Blackstone, Arclight

Blackstone, ArcLight to Purchase AEP Merchant Plants for $2.2B

Sep 14, 2016
Company News / PJM / Generation
By Ted Caddell American Electric Power has agreed to shed more than 5,000 MW of merchant generation in Ohio and Indiana to private investment firms The Blackstone Group and ArcLight Capital Partners for about $2.17 billion, the company announced Wednesday. The Wall Street Journal first reported the deal Tuesday, citing...

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