AEP-Liberty Utilities Sale Agreement Terminated
Reid Village Water DistrictUtility District · Mt. Sterling, KY- Disclosed value
- Approximately $2.85 billion enterprise value; amended to approximately $2.646 billion
- From report
- Document date
- Jul 27, 2023
- Term
- October 2021 – April 26, 2023
The 30-second brief
AEP amended its agreement to sell Kentucky Power Company and AEP Kentucky Transmission Company to Liberty Utilities Co., reducing the enterprise value from approximately $2.85 billion to $2.646 billion. The parties terminated the agreement in April 2023 after required regulatory and closing conditions were not satisfied.
Liberty Utilities Company holds this contract with Reid Village Water District. Its other public contracts on record include work for Placer Mosquito & Vector Control District and Town of Salem.
Term as filed: October 2021 – April 26, 2023.
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Contract details
- Amount
- Approximately $2.85 billion enterprise value; amended to approximately $2.646 billion
- Document date
- July 27, 2023
- Term
- October 2021 – April 26, 2023
- Source document
- Kentucky Power Company Report 2023 Second Quarter Report 2023-07-27 (Report)
Liberty Utilities Company's other public contracts
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Questions about this contract
Who was awarded the government contract by Reid Village Water District?
Liberty Utilities Company was awarded this government contract by Reid Village Water District, as recorded on July 27, 2023. The contract value is Approximately $2.85 billion enterprise value; amended to approximately $2.646 billion.
How much is the Liberty Utilities Company contract with Reid Village Water District worth?
The Liberty Utilities Company contract with Reid Village Water District is valued at Approximately $2.85 billion enterprise value; amended to approximately $2.646 billion.
What type of contract is this?
This is a government contract, documented as a report record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Kentucky Power Company Report 2023 Second Quarter Report 2023-07-27 (Report), dated July 27, 2023 from Reid Village Water District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Liberty Utilities Company hold?
Liberty Utilities Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Reid Village Water District currently buying?
Explore Reid Village Water District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.