Algonquin Power & Utilities cuts price it will pay for Kentucky Power by US$200-million [Globe and Mail, The (Toronto, Canada)]
American Electric Power Company, Inc. (AEP)
Last american electric power company, inc. earnings: 2/20 06:57 am
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Source: Globe and Mail, The
increase says it has signed a revised deal that cuts the price it will pay for Kentucky Power Co. and AEP Kentucky Transmission Co. Inc. by US$200-million. Under the new agreement, AQN says it will pay US$2.646-billion, including the assumption of US$1.221-billion in debt. The Canadian power utility had agreed last year to a purchase price of US$2.846-billion, including the assumption of US$1.221-billion in debt. AQN chief executive Arun Banskota said the deal will add to the company's regulated footprint in the United States. The transaction remains subject to approval by the U.S. Federal Energy Regulatory Commission. It is expected to close in January if the approval has been received. Sign up for the Energy Newsletter Keep your finger on the pulse of the energy industry, including news on production, pricing, distribution, and government policy. Register to sign up
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AEP
Earnings
- 2/26/24 - Miss
AEP
Sec Filings
- 3/26/24 - Form 4
- 3/26/24 - Form 4
- 3/26/24 - Form 4
- AEP's page on the SEC website