APPALACHIAN POWER TO BUY TWO WEST VIRGINIA POWER PLANTS

Friday, February 3, 2012
by Roger Epperson

APPALACHIAN POWER WILL SOON FILE PAPERWORK WITH STATE AND FEDERAL REGULATORS TO BUY TWO WEST VIRGINIA POWER PLANTS FROM ITS PARENT, AMERICAN ELECTRIC POWER. NEW ENVIRONMENTAL RULES FORCE AEP TO DECIDE WHETHER TO IDLE, INVEST IN, OR SELL ITS PLANTS. THE TWO 800-MEGAWATT MITCHELL UNITS NEAR MOUNDSVILLE ARE GOING TO BE SOLD. APPALACHIAN POWER PRESIDENT CHARLES PATTON SAID BUYING THE FACILITIES WOULD ENSURE THEIR FUTURE FOR 30 TO 35 YEARS. APPALACHIAN POWER PROVIDES COAL-GENERATED POWER TO ONE MILLION CUSTOMERS IN VIRGINIA, WEST VIRGINIA, AND TENNESSEE.