American Electric Power sells four power plants

The sale, announced Sept. 14, includes 5,200 MW of power generation capacity for $2.1 billion

Feb 3rd, 2017
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American Electric Power announced it has completed the sale of four competitive power plants to Lightstone Generation LLC, a joint venture of Blackstone and an affiliate of ArcLight Capital Partners.

The sale, announced Sept. 14, includes 5,200 MW of power generation capacity for $2.1 billion.

The power plants include:

· Lawrenceburg Generating Station, 1,186 MW natural gas, Lawrenceburg, Indiana

· Waterford Energy Center, 840 MW natural gas, Waterford, Ohio

· Darby Generating Station, 507 MW natural gas, Mount Sterling, Ohio

· Gen. James M. Gavin Plant, 2,665 MW coal, Cheshire, Ohio

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