Over the last six months, two major US utilities – American Electric Power (AEP) and Duke Energy – have been selling off their commercial solar PV assets to private investment groups and consolidating their operations in regulated markets.
According to Syliva Levya Martinez, principal analyst of North American utility-scale solar at Wood Mackenzie: “These are not the last of these types of transactions we’re going to see”.
US utility American Electric Power (AEP) has signed an agreement to sell its 625MW of solar PV assets in the state of New Mexico to investment firm Exus Asset Holdings.
A new joint venture (JV) between renewables developer Invenergy and Blackstone Infrastructure Partners has closed the purchase of a 1.3GW solar and wind asset portfolio from American Electric Power (AEP).
Energy utility American Electric Power (AEP) has agreed to a sale of its 1.3GW unregulated renewables portfolio for approximately US$1.5 billion including project debt, with a view to investing in its regulated wires and generation business.
A subsidiary of US utility American Electric Power (AEP) has issued a request for proposals for off-take from new and existing solar and wind facilities in the PJM Interconnection area and new solar facilities located in the ERCOT area.
A subsidiary of US utility American Electric Power has launched a request for proposals process as it looks to sign power purchase agreements (PPAs) for new and existing solar and wind facilities located in the PJM service region.
US utility Appalachian Power has issued a request for proposals (RFP) for up to 150MW of solar in West Virginia with an option to include battery energy storage systems (BESS).
