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February 06, 2023
Home » Blackstone, ArcLight to Purchase AEP Merchant Plants for $2.2B
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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