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January 29, 2010
AEP Ohio, an operating unit of American Electric Power, is seeking proposals for the supply of sustainable biomass fuel for use at its Picway, Muskingum River and Conesville plants in Ohio.
January 28, 2010
- Fourth-quarter earnings $0.50 per share GAAP and ongoing
- 2009 year-end earnings $2.96 per share GAAP, $2.97 per share ongoing
- AEP reaffirms its 2010 ongoing guidance range of between $2.80 and $3.20 per share
January 27, 2010
AEP has scheduled a live audio webcast of a presentation by Brian X. Tierney, executive vice president and chief financial officer, at the Credit Suisse Energy Summit in Vail, Colo., Feb. 2.
January 27, 2010
The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 41 cents a share on the company’s common stock.
January 22, 2010
AEP has scheduled a quarterly earnings conference call with financial analysts for 10 a.m. EST Thursday, Jan. 28. The call will be broadcast live over the Internet at http://www.aep.com/go/webcasts.
December 29, 2009
American Electric Power is seeking offers to supply low-sulfur coal to one or more power plants operated by its Ohio Power Co. subsidiary.
December 23, 2009
AEP´s Cook Nuclear Plant Unit 1 reached full power Tuesday after completing testing and monitoring of the restored turbine generator system. Reactor start-up began last Friday, and an initial connection to the transmission grid took place early Saturday morning. Although at full reactor power, the electrical output will be reduced by an annual average of approximately 70 megawatts because the repaired low-pressure turbine rotors do not include the largest row of blades. New low-pressure turbine rotors that support full electrical output will be installed in the fall of 2011.
December 18, 2009
AEP has restarted the Cook Nuclear Plant Unit 1 reactor and has begun testing the unit’s repaired turbine generator system. The 1,030-megawatt unit has been out of service since September 2008 when turbine vibrations, caused by broken low-pressure turbine blades, damaged the turbine generator, support structures and associated systems.
December 4, 2009
American Electric Power was notified by the U.S. Department of Energy that it was selected to receive funding through the Clean Coal Power Initiative Round 3 to pay part of the costs of installing the nation’s first commercial-scale carbon dioxide capture and storage system on its Mountaineer coal-fired power plant in New Haven, W.Va.
November 20, 2009
Public Service Company of Oklahoma, a public utility subsidiary of American Electric Power today announced that on December 21, 2009, it will redeem the entire outstanding $150,000,000 principal amount of unsecured 4.85% Senior Notes, Series C, due September 15, 2010.
November 19, 2009
American Electric Power utility subsidiary AEP Southwestern Electric Power Company (SWEPCO) has signed a letter of intent to purchase the transmission and distribution assets of Valley Electric Membership Corporation (VEMCO).
November 9, 2009
G.I. Jobs magazine has named American Electric Power one of the nation’s 100 most "military-friendly" employers for the seventh consecutive year.
November 1, 2009
AEP has set its ongoing earnings guidance range and capital expenditures budget for 2010. AEP will also form a transmission company as part of its strategy to pursue transmission investment opportunities in AEP’s traditional footprint.
October 30, 2009
Federal and state government officials today joined executives from American Electric Power (NYSE: AEP) and Alstom at AEP’s Mountaineer Plant to formally commission the world’s first project to both capture and store carbon dioxide (CO2) from a coal-fired power plant. The officials hailed the project as a significant milestone in the effort to reduce CO2 emissions from the combustion of fossil fuels.
October 29, 2009
- 2009 third-quarter earnings $0.93 per share GAAP and ongoing
- AEP tightens 2009 ongoing guidance range to between $2.90 and $3.05 per share from previous range of between $2.75 and $3.05 per share
- Third-quarter ongoing EPS matches prior period despite dilutive effect of additional shares outstanding, mild weather, weak economy
October 28, 2009
American Electric Power has scheduled a live audio webcast of remarks by AEP executives Nov. 3 at the 44th annual Edison Electric Institute Financial Conference in Hollywood, Fla.
October 27, 2009
The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 41 cents a share on the company’s common stock.
October 23, 2009
American Electric Power has scheduled a quarterly earnings conference call with financial analysts for 9 a.m. EDT Thursday, Oct. 29. The call will be broadcast live over the Internet at http://www.aep.com/go/webcasts .
October 22, 2009
Plant Construction ContinuesThe Arkansas Supreme Court has decided to review a case concerning the John W. Turk, Jr. Power Plant now under construction by Southwestern Electric Power Company (SWEPCO), a unit of American Electric Power.
October 19, 2009
Cooperative agreement will foster programs to support wildlife populations and promote biodiversity on AEP-owned lands and transmission rights of way.
October 1, 2009
AEP has been selected as one of this year’s top 60 companies for Hispanics by Hispanic Business magazine.
September 29, 2009
American Electric Power has been selected as a winner of the 2009 Alfred P. Sloan Award for Business Excellence in Workplace Flexibility.
September 22, 2009
James F. Cordes, former executive vice president of The Coastal Corp., has been elected to American Electric Power’s (NYSE: AEP) board of directors, according to Lester A. Hudson Jr., presiding director of AEP’s board of directors.
September 22, 2009
American Electric Power (NYSE: AEP) has been named one of the “100 Best Companies for Working Mothers” by Working Mother magazine, a national publication targeting career-committed mothers, for the fifth time in eight years.
September 22, 2009
American Electric Power has made executive leadership changes, effective Oct. 1.
September 1, 2009
Electric Transmission Texas LLC (ETT) has completed a contract with NGK-Locke, Inc. for a state-of-the-art, sodium-sulfur 4-megawatt NAS® battery system, which will be installed in Presidio, Texas. ETT is a joint venture between American Electric Power and MidAmerican Energy Holdings Company.
August 20, 2009
American Electric Power will apply for funding from the U.S. Department of Energy Clean Coal Power Initiative Round 3 to pay part of the costs of installing the nation’s first commercial-scale carbon dioxide capture and storage system on its Mountaineer |
