KENTUCKY POWER SEEKS APPROVAL FOR LOCAL RENEWABLE ENERGY PURCHASE AGREEMENT

FRANKFORT, KY – Kentucky Power Company, an operating unit of American Electric Power (NYSE: AEP), filed an application today with the Kentucky Public Service Commission asking for approvals related to a Renewable Energy Purchase Agreement (REPA) for Biomass Energy Resources between Kentucky Power and ecoPower Generation-Hazard LLC. The REPA would be for a 20-year period to purchase up to approximately 58 megawatts of electricity from a biomass power generating facility ecoPower plans to construct in Perry County and expects to be operational in 2017.

Read More