American Electric Power sells four power plants

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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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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