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AEP to finalize acquisition of Black Diamond Power

PUBLIC · AEPAug 27, 2026

Acquiring Company

Appalachian Power

Acquired Company

Black Diamond Power Company

ColumbusUnited StatesManufacturingEnergyOil And GasRenewable EnergyEnergy

Description

The West Virginia Public Service Commission has allowed AEP's acquisition of Black Diamond Power to proceed despite attempts to halt it. City officials believe that the acquisition is necessary for upgrading local infrastructure and providing reliable service to the community. A hearing scheduled for September 2026 will finalize the acquisition. The transition is seen as pivotal for improving power delivery in the region.

Company Information

Company

Appalachian Power

Location

Columbus, Ohio, United States

About

Appalachian Power is a utility company that generates and distributes electricity. It serves customers in West Virginia and Virginia. The company is focused on providing reliable power and meeting the needs of its community. Appalachian Power is a subsidiary of American Electric Power.

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Frequently asked

Who acquired Black Diamond Power Company?

Black Diamond Power Company was acquired by Appalachian Power, based in Columbus. The deal was reported on August 27, 2026. Appalachian Power is a utility company that generates and distributes electricity. It serves customers in West Virginia and Virginia. Appalachian Power is publicly traded (AEP) and operates in Manufacturing.

When did Appalachian Power acquire Black Diamond Power Company?

Appalachian Power's acquisition of Black Diamond Power Company was reported on August 27, 2026. The West Virginia Public Service Commission has allowed AEP's acquisition of Black Diamond Power to proceed despite attempts to halt it. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Black Diamond Power Company do?

Black Diamond Power Company is a utility provider in West Virginia. It offers electric services to residential and commercial customers in its service areas. The company has faced challenges related to billing inconsistencies and regulatory compliance. It is privately held, operating in Energy, and is based in United States.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.