January 30, 2017
AEP Completes Sale of Four Competitive Power Plants
American Electric Power today completed the sale of four competitive power plants to Lightstone Generation LLC, a joint venture of Blackstone (NYSE: BX) and an affiliate of ArcLight Capital Partners LLC (ArcLight), for approximately $2.1 billion.
January 26, 2017
AEP Reports 2016 Fourth-Quarter and Year-End Earnings
- Fourth-quarter 2016 earnings of $0.76 per share GAAP and $0.67 per share operating
- Year-end 2016 earnings of $1.24 per share GAAP and $3.94 per share operating
- Investments in regulated businesses drive continued earnings growth