CHARLESTON, W.Va. -- Regulators in Virginia have issued a split decision in a major case over Appalachian Power's proposal to take a greater ownership role in two coal-fired power plants.
The Virginia State Corporation Commission on Wednesday approved ApCo's plan to acquire the remaining portion of its John Amos plant near St. Albans.
But the commission also rejected the company's effort to take over half of the Mitchell plant near Moundsville from a sister American Electric Power subsidiary, Ohio Power.
Virginia regulators also approved ApCo's request to merge with another AEP subsidiary, Wheeling Power.
Similar proposals by ApCo are pending before the West Virginia Public Service Commission. The company needs approval from both states to move forward.
"If the [West Virginia] commission approves both transfers, ApCo still can't go forward," said Byron Harris, chief of the PSC Consumer Advocate Division. "They are one utility that operates in two states, and they need approval from both jurisdictions."
Appalachian Power officials could not immediately be reached for comment Wednesday afternoon.
The proposal is one of two cases in which the West Virginia PSC is considering proposals by power companies to shift ownership of coal-fired generation plants to West Virginia-based subsidiaries. In the other case, FirstEnergy wants to transfer ownership of its Harrison Power Station to its Monongahela Power subsidiary.