AEP to Divest New Mexico Solar Assets

(American Electric Power, 26.Dec.2023) — American Electric Power (Nasdaq: AEP) has entered into an agreement to sell its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC. AEP and PNM Resources, which also owns 50% of NMRD, plan to sell the portfolio of 15 solar […]

Sempra Completes $2.5Bn Divestiture Of Renewables, Non-Utility NatGas Assets

(Sempra, 22.Apr.2019) — Sempra Energy has completed the divestiture of its U.S. renewables business and non-utility natural gas storage assets, generating approximately $2.5 billion in total cash proceeds. The announcement comes with today’s completion of the sale of its remaining ownership interests in operating and development-stage wind assets to American […]