American Electric Power to Sell Renewable Portfolio to IRG for $1.5 Billion

The portfolio consists of 1.2 GW of wind and 165 MW of solar projects

February 24, 2023

/ Arjun Joshi
/ Finance and M&A, Renewable Energy
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


American Electric Power (AEP) has agreed to sell 1,365 MW of its unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion, which includes the associated project debt.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Register for free

thumbnail

Arjun Joshi

More articles from Arjun Joshi.
AEPIRGrenewablesSaleSolarwind
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS