Aep to sell kentucky operations to liberty, subsidiary of algonquin power & utilities

Columbus, ohio, oct. 26, 2021 /prnewswire/ -- american electric power (nasdaq: aep) has entered into an agreement to sell its kentucky operations, which include kentucky power and aep kentucky transco, to liberty, the regulated utility business of parent company algonquin power & utilities corp. (nyse: aqn), for $2.846 billion enterprise value. the sale is expected to close in the second quarter of 2022, pending regulatory approvals.
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