Top
image credit: Unsplash

Kentucky PSC, AG urge FERC to reject AEP’s $2.65B sale of Kentucky operations to Algonquin Power

March 31, 2023

Kentucky utility regulators, the state’s attorney general and industrial companies are urging the Federal Energy Regulatory Commission to again reject American Electric Power’s proposed $2.65 billion sale of its Kentucky utility operations to Liberty Utilities.

The companies failed to show how the sale would affect transmission rates in AEP East’s seven-state area, the issue that prompted FERC to reject their original application in December, the Kentucky Public Service Commission and others said Thursday in a joint filing at FERC.

Read More on Utility Dive