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AEP Sells 2 Ohio NatGas-Fired Electric Plants to Blackstone JV | Marcellus Drilling News
American Electric Power is selling four electric generating plants to a newly formed joint venture of Blackstone and ArcLight Capital Partners. Three of the plants are natural gas-fired--two of them in Ohio and one in Indiana. One of the plants is coal-fired, located in Ohio. Total sale price for all four: $2.17 billion. While the