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Aquisitions and Dispositions
3 Months Ended
Mar. 31, 2013
Acquisitions and Dispositions

5. ACQUISITION

 

2012

 

BlueStar Energy (Generation and Marketing segment)

 

In March 2012, we completed the acquisition of BlueStar Energy Holdings, Inc. (BlueStar) and its independent retail electric supplier BlueStar Energy Solutions for $70 million. This transaction also included goodwill of $15 million, intangible assets associated with sales contracts and customer accounts of $58 million and liabilities associated with supply contracts of $25 million. BlueStar has been in operation since 2002. Beginning in June 2012, BlueStar began doing business as AEP Energy. AEP Energy provides electric supply for retail customers in Ohio, Illinois and other deregulated electricity markets and also provides energy solutions throughout the United States, including demand response and energy efficiency services.

Ohio Power Co [Member]
 
Acquisitions and Dispositions

5. DISPOSITION

 

2013

 

Conesville Coal Preparation Plant – Affecting OPCo

 

In April 2013, OPCo closed on the sale of its Conesville Coal Preparation Plant. This sale did not have a significant impact on OPCo's financial statements.