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Invenergy-Led Consortium Closes $1 5B Purchase

Upon closing of the transaction, AEP said it gained a net of approximately $1.2 billion in cash after taxes, transaction fees, and other customary adjustme.

United statesJim murphyKaren fangJulie sloatNorton rose fulbrightMeghan schultzAmerican electric powerRenewables portfolio milestoneAcquisition holdingsInvenergy servicesEnergy regulatory commissionCommittee on foreign investmentInvenergy serviceBlackstone infrastructureFederal energy regulatory commissionForeign investment

American Electric Power - AEP Completes Sale of Unregulated Renewables Assets

American Electric Power (Nasdaq: AEP) has completed the sale of its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings, a partnership owned by Invenergy, CDPQ. . .

United statesWest virginiaJulie sloatHunton andrews kurthAcquisition holdingsEnergy regulatory commissionCommittee on foreign investmentAmerican electric powerSouthwestern electric power companyPublic service company of oklahomaBlackstone infrastructureFederal energy regulatory commissionForeign investmentCitigroup global marketsAndrews kurthElectric power

American Electric Power Completes $1 5 bn Sale of Unregulated Renewables Portfolio

American Electric Power (AEP) has successfully concluded the sale of its 1,365-megawatt (MW) unregulated and contracted renewables portfolio

United statesJulie sloatAmerican electric powerAcquisition holdingsCommittee on foreign investmentEnergy regulatory commissionHunton andrews kurthChief executive officerFederal energy regulatory commissionForeign investmentCitigroup global marketsSustainable future

AEP Sells 1 4-GW Unregulated Contracted Renewables Portfolio to Invenergy-Led Consortium

AEP Sells 1 4-GW Unregulated Contracted Renewables Portfolio to Invenergy-Led Consortium
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IRG completes acquisition of AEP s 1 3GW renewables assets for $1 5bn

IRG, a consortium led by Invenergy, CDPQ and Blackstone Infrastructure, has completed the acquisition of 1.3GW renewables portfolio.

United statesMeghan schultzJulie sloatHunton andrews kurthBayerische landesbankJp morganEnergy regulatory commissionAcquisition holdingsBanco bilbao vizcaya argentariaBanco santanderNational westminster bankDevelopment canadaUs committee on foreign investmentAmerican electric powerBlackstone infrastructureFederal energy regulatory commission