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W.Va. PSC approves APCo's power plant purchase

Saturday - 12/14/2013, 11:59am  ET

CHARLESTON, W.Va. (AP) -- West Virginia regulators have approved Appalachian Power's request to acquire the remaining portion of a coal power plant.

The Public Service Commission on Friday said the company could buy the part of the coal-fired, 2,900-megawatt John Amos facility that it did not already own from an affiliate company.

Appalachian Power already owns two of the units at the power station in Winfield. The move approved Friday will allow it to buy the rest of a third unit for $565 million.

Regulators, however, deferred ruling on a proposed merger of Wheeling Power and the company's request to buy half of the Mitchell coal-fired generating plant in Moundsville.

Virginia regulators also approved Appalachian Power's request to the Amos purchase.


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