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Growth-starved utilities find a new way of making money

Friday, July 28, 2017 - 05:50

New York

THERE is a new model emerging for growth-starved utilities looking to profit from America's solar and wind power boom.

American Electric Power Co (AEP) is using it for a US$4.5 billion deal that will land the US utility owner a massive wind farm in Oklahoma and a high-

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