HomeJanuary 7, 2015
AEP Confirms Review of Potential Sales on Non-Regulated Business
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AEP confirmed that it has retained Goldman Sachs for an anticipated review of the potential sale of its merchant generation business.
The retention of Goldman Sachs was first reported by TheDeal.com
Asked specifically whether this review includes competitive retail supplier AEP Energy, Inc., an AEP spokesperson only reiterated that the company was engaged in a review of its non-regulated generation.
Previously, AEP has consistently described its competitive retail business as a tool for hedging the output from its non-regulated generation.
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