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Invenergy leads 1.4GW portfolio buyout
Invenergy, Caisse de Dépôt et Placement du Québec and funds managed by Blackstone Infrastructure have agreed to buy 1.2GW of wind and 165MW of solar assets from American Electric Power for $1.5bn. The portfolio is made up of 14 assets in 11 states. The deal is due to close by the end of June.