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AEP Completes Sale of Fossil-Fueled Power Plants in PJM

AEP Completes Sale of Fossil-Fueled Power Plants in PJM LCG, January 31, 2017–American Electric Power (AEP) yesterday completed the sale of four competitive power plants to Lightstone Generation LLC, a joint venture of Blackstone and an affiliate of ArcLight Capital Partners LLC, for approximately $2.1 billion. The four, fossil-fueled energy facilities are located in the … Continue reading AEP Completes Sale of Fossil-Fueled Power Plants in PJM

AEP: PJM market changes create challenging environment for generators

By Robert Walton | July 27, 2015 Dive Brief: American Electric Power officials last week said a recent decision by federal officials to alter auction rules for PJM Interconnection is “troubling,” because markets should be consistent and predictable. Last week FERC directed PJM to include demand response and efficiency providers in its upcoming auctions, and … Continue reading AEP: PJM market changes create challenging environment for generators