Major Utility AEP Makes Move Away from Renewables
American Electric Power has made a turn away from renewables, selling a 1,365 megawatts renewable portfolio to IRG Acquisition Holdings at an enterprise value of ~$1.5 billion. Instead, AEP plans to invest around $40 billion over the next five years in its regulated transmission and generation business that is focused on adding 17 gigawatts of […]

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