Brief: American Electric Power Company Signed Amended Agreement On Sale Of Kentucky Operations To Liberty And Expects To Close On Sale In January 2023

Algonquin Power & Utilities

30/09/2022 14:17

Sept 30 (Reuters) - AEP Inc  AEPX.UL :
    * AMERICAN ELECTRIC POWER COMPANY - SIGNED AMENDED AGREEMENT
ON
SALE OF KENTUCKY OPERATIONS TO LIBERTY AND EXPECTS TO CLOSE ON
SALE IN JANUARY 2023
    * AMERICAN ELECTRIC POWER COMPANY INC SAYS AMENDMENT HAS NO
IMPACT
ON CO'S PLANNED EQUITY NEEDS OR OPERATING EARNINGS GUIDANCE
    * AMERICAN ELECTRIC POWER COMPANY - ANTICIPATES RECORDING A
PRE-TAX GAAP LOSS OF $180 MILLION TO $220 MILLION IN Q3 OF 2022
AS A RESULT OF AMENDMENT

Source text for Eikon:  ID:nPn6LcS0ra 
Further company coverage:  AEPX.UL 
 ((Reuters.Briefs@thomsonreuters.com;;))