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Appalachian Power Seeks OK To Transfer Assets
By: Associated Press
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Appalachian Power Co. is asking regulators in Virginia and West Virginia for approval to transfer generating assets.
The company said Tuesday that is seeking to add more than 1,600 megawatts of generating capacity from two Ohio Power plants near Moundsville and Winfield.
Appalachian Power says it has purchased power from the plants for years as part of a pooling agreement with other subsidiaries of American Electric Power.
In Virginia, the company says it is proposing to merge with Wheeling Power, which service two counties in the northern panhandle of West Virginia.
Appalachian Power has one million customers in West Virginia, Virginia and Tennessee.