American Electric Power sells 1.4GW renewables portfolio to IRG Acquisition Holdings for $1.5bn
American Electric Power (AEP), listed under Nasdaq as AEP, has successfully finalized the sale of its expansive 1,365-megawatt (MW) unregulated renewables portfolio. The strategic acquisition was made by IRG Acquisition Holdings, a powerhouse consortium owned by market leaders like Invenergy, CDPQ, and funds overseen by Blackstone Infrastructure. Valued at an impressive enterprise worth of $1.5 […]