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AEP Completes Sale of New Mexico Solar Assets

American Electric Power (Nasdaq: AEP) has completed the sale of its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus). AEP nets approximately $104 million in cash after tax, transaction fees and other customary adjustments.

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AEP Completes New Mexico Solar Asset Sale

AEP Completes New Mexico Solar Asset Sale
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PNM Resources Completes Sale of Renewable Joint Venture

PNM Resources Completes Sale of Renewable Joint Venture
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Sunset On Solar Venture: PNM Resources And AEP Complete Sale Of New Mexico JV Assets

Sunset On Solar Venture: PNM Resources And AEP Complete Sale Of New Mexico JV Assets
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Sunset On Solar Venture: PNM Resources And AEP Complete Sale Of New Mexico JV Assets - PNM Resources (NYSE:PNM)

PNM Resources sells its stake in NMRD to Exus North America Holdings for $234 million amidst regulatory hurdles and a significant charge, while shares fall.

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