Electric utility merger scuttled following FERC scrutiny
Algonquin Power & Utilities has abandoned its $2.8 billion purchase of assets from American Electric Power after the US electricity regulator and the State of Kentucky warned the deal would lead to higher transmission rates.
Subscribe to Global Competition Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Competition Review experts.
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10