Algonquin Acquires Kentucky Power, Pledges to Increase Renewable Energy

Algonquin Power & Utilities Corp.’s (AQN) indirect subsidiary, Liberty Utilities Co., has entered into an agreement with American Electric Power (AEP) to acquire Kentucky Power Co. and AEP Kentucky Transmission Co. Inc. (Kentucky TransCo) for a total purchase price of approximately $2.846 billion. Kentucky Power is a state-regulated electricity generation, distribution and transmission utility operating […]

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