Yorkshire Power Group

Back

Situational Analysis

    As a result of strategic reviews Xcel Energy and AEP decided to divest their interest in Yorkshire Power Group (YPG).


Fieldstone Role

 

    Fieldstone was retained by Xcel as an exclusive financial advisor in relation to its 50 percent investment in YPG since 1999.

     

    Prior to divesting 44.75 percent stake to Innogy, Fieldstone advised Xcel on the potential merger of Yorkshire Electricity with AEP-owned Seeboard. Fieldstone advised Xcel on the sale of the remaining 5.25 percent stake in YPG in September 2002.