AEP and Dynegy Complete Ownership Transfer for Co-Owned Plants
June 24, 2017
June 24, 2017
COLUMBUS, Ohio, June 24 -- American Electric Power (NYSE: AEP) has completed the sale of AEP's 330 MW share of the Zimmer Plant to Dynegy and the purchase of Dynegy's 312-MW share of Conesville Plant.
The transaction has no material impact on AEP earnings.
AEP already operates Conesville Plant and Dynegy operates Zimmer Plant so there will be no employment impact from the transaction.
AEP now owns 92 percent, or 1,461 MW, of Conesville Plant.
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The transaction has no material impact on AEP earnings.
AEP already operates Conesville Plant and Dynegy operates Zimmer Plant so there will be no employment impact from the transaction.
AEP now owns 92 percent, or 1,461 MW, of Conesville Plant.
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