IRG Acquisition Holding

American Electric Power Acquisition - Financing

Industry
Renewables/Onshore wind
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

IRG Acquisition Holdings, a partnership between Invenergy, CDPQ and funds managed by Blackstone, has closed on the acquisition of American Electric Power’s (AEP) 1,365MW unregulated, contracted renewables portfolio for $1.5 billion enterprise value. The portfolio includes 14 projects in 11...

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Deal Volume
$1.06bn
Financial Close
15/08/2023
Dealmakers
Bill Bunker

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Sources
Submitted by participant(s),

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Tranches

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Project Deals

American Electric Power Portfolio
$1.5bn
Greenfield
Onshore wind
North America
North America
United States