AEP to Purchase Generating Station from DPL Energy

American Electric Power announced today that its Columbus Southern Power utility subsidiary has agreed to purchase the Darby Electric Generating Station from DPL Energy, LLC, a subsidiary of DPL Inc., for approximately $102 million.

The transaction is contingent on the receipt of required regulatory approvals from the Federal Energy Regulatory Commission and federal clearance pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, and is expected to close in the first half of 2007.

The Darby plant, located approximately 20 miles southwest of Columbus, Ohio, near Mount Sterling, is a natural-gas, simple-cycle power plant with a nominal generating capacity of 480 megawatts and a summer capacity of approximately 450 megawatts. The plant began commercial operation in 2001.

Was this article helpful?

Related Articles

Leave A Comment?