2014 News Releases

September 12, 2014

Live Webcast Scheduled Of Panel Presentation Including AEP Executive At Wolfe Research Conference

American Electric Power has scheduled a live audio webcast of a panel presentation including Brian X. Tierney, executive vice president and chief financial officer, at the Wolfe Research Power & Gas Leaders Conference in New York on Sept. 18.


September 10, 2014

Live Webcast Scheduled Of Panel Presentation Including AEP Executive At Bank Of America Merrill Lynch Power And Gas Leaders Conference

American Electric Power has scheduled a live audio webcast of a panel presentation including Robert P. Powers, executive vice president and chief operating officer, at the Bank of America Merrill Lynch 2014 Power and Gas Leaders Conference in Boston on Sept. 16.


September 5, 2014

Site Selection Magazine Names AEP Among Top Utilities For Economic Development Three Years In A Row

American Electric Power has been named one of the nation's top 10 utilities for economic development by Site Selection magazine for the third consecutive year. The list appears in the magazine's September edition.


August 25, 2014

AEP Chief Financial Officer To Address Investors At Barclays Conference

American Electric Power has scheduled a live audio webcast of a presentation by Brian X. Tierney, AEP executive vice president and chief financial officer, at the Barclays CEO Energy-Power Conference Sept. 3 in New York.


August 14, 2014

AEP Names Reis Vice President, Audit Services

Andrew B. Reis had been named vice president, Audit Services for American Electric Power effective Sept. 1, according to Nicholas K. Akins, AEP chairman, president and chief executive officer.


August 8, 2014

American Electric Power Seeks Bids For Coal

AEP is seeking offers for the supply of coal to one or more of its generating stations.


August 6, 2014

Live Webcast Scheduled Of Panel Presentation Featuring AEP Executive At Goldman Sachs Conference

American Electric Power has scheduled a live audio webcast of a panel presentation featuring Robert P. Powers, executive vice president and chief operating officer, at the Goldman Sachs Power, Utilities, MLP and Pipeline Conference Aug. 12 in New York.


July 25, 2014

AEP Reports 16 Percent Increase in 2014 Second-Quarter GAAP Earnings Per Share; 10 Percent Increase in 2014 Second-Quarter Operating Earnings Per Share

  • Second-quarter 2014 GAAP and operating earnings $0.80 per share
  • AEP continues successful execution of regulated earnings growth strategy, adding another $100 million to its transmission business investment in 2014
  • Company reaffirms 2014 operating earnings guidance range of $3.35 to $3.55 per share


July 22, 2014

American Electric Power Declares Quarterly Dividend On Common Stock

The Board of Directors of American Electric Power Co. (NYSE: AEP) today declared a regular quarterly cash dividend of 50 cents a share on the company's common stock.


July 17, 2014

AEP Schedules Live Webcast Of Quarterly Earnings Call

American Electric Power has scheduled a quarterly earnings conference call with financial analysts for 9 a.m. EDT Friday, July 25. The call will be broadcast live over the Internet at http://www.aep.com/webcasts.


July 8, 2014

I&M Announces Clean Energy Solar Pilot Project

Indiana Michigan Power plans to build and operate five solar generation facilities, adding another emission-free source of power to the company's generation portfolio, which already includes nuclear, wind and hydro.


June 6, 2014

American Electric Power Seeks Bids For Coal

COLUMBUS, Ohio, June 6, 2014 - American Electric Power is seeking offers for the supply of coal to one or more of its generating stations.


May 19, 2014

ETT Files Application To Build Transmission Line From Barney Davis Substation To Naval Base Substation

Electric Transmission Texas, LLC (ETT) has filed an application with the Public Utility Commission of Texas (PUCT) to construct a proposed single-circuit 138-kV transmission line in Nueces County from ETT's Barney Davis substation to AEP Texas Central Company's (TCC) Naval Base substation. ETT is a joint venture between subsidiaries of American Electric Power (NYSE: AEP) and Berkshire Hathaway Energy.


May 8, 2014

AEP Releases 2014 Corporate Accountability Report

American Electric Power has released its 2014 Corporate Accountability Report, an overview of its strategy and business performance. The web-based report, available at www.AEPSustainability.com, is complemented by an interactive app that will be available on iTunes in the near future.


April 25, 2014

AEP Reports Strong First-Quarter 2014 Earnings; Increases 2014 Earnings Guidance

  • First-quarter GAAP and operating earnings $1.15 per share
  • Company increasing 2014 earnings guidance to $3.35 to $3.55 per share, from $3.20 to $3.40 per share
  • AEP increasing transmission capital investment by $200 million


April 22, 2014

American Electric Power Declares Quarterly Dividend On Common Stock

The Board of Directors of American Electric Power Co. (NYSE: AEP) today declared a regular quarterly cash dividend of 50 cents a share on the company's common stock.


April 22, 2014

AEP Investing In Operating Companies, Transmission Business To Support Earnings Growth, Shareholders Learn At Company's Annual Meeting

American Electric Power is successfully executing its long-term earnings growth strategy, investing in the company's utility operations and building its transmission business to support an annual earnings growth rate of 4 percent to 6 percent, according to Nicholas K. Akins, AEP's chairman, president and chief executive officer. Akins addressed shareholders at the company's annual meeting today in Fort Wayne, Ind.


April 22, 2014

AEP Subsidiary Appalachian Power to Redeem Senior Notes

Appalachian Power Company, a public utility subsidiary of American Electric Power, today announced that on May 22, 2014, it will redeem the entire outstanding $200 million principal amount of its 4.95 percent Senior Notes, Series I, due 2015. The notes will be redeemed at 100 percent of the principal amount outstanding (at par value of $100 per Senior Note), plus interest through the date of redemption, plus the required make-whole premium.


April 17, 2014

AEP Schedules Live Webcast Of Quarterly Earnings Call

American Electric Power has scheduled a quarterly earnings conference call with financial analysts for 9 a.m. EDT Friday, April. 25. The call will be broadcast live over the Internet at http://www.aep.com/webcasts.


April 17, 2014

AEP Receives Top Customer Service Award From Edison Electric Insitute

The Edison Electric Institute has presented American Electric Power Co. with the 2014 Outstanding National Key Accounts Customer Service Award. This marks the seventh time that AEP's National Account program has received EEI's top award for providing superior service to multi-site customers.


March 31, 2014

PUCT approves ETT and Sharyland application for Cross Valley 345-kV transmission line from North Edinburg to Loma Alta

The Public Utility Commission of Texas (PUCT) on March 27 unanimously approved an application by Electric Transmission Texas, LLC (ETT) and Sharyland Utilities, L.P. (Sharyland) to build a 345-kilovolt (kV) transmission line from a substation northwest of the city of Edinburg to a substation located east of the city of Brownsville.


February 27, 2014

AEP Debuts On Fortune World's Most Admired Companies List

AEP has been named to Fortune magazine's 2014 World's Most Admired Companies list in the electric and gas utilities sector


February 25, 2014

AEP Names Beasley To Board Of Directors

J. Barnie Beasley Jr., former chairman, president and chief executive officer of Southern Nuclear Operating Co., a subsidiary of Southern Co., has been elected to the American Electric Power Board of Directors.


February 4, 2014

Remarks By AEP's Chief Financial Officer At Credit Suisse Energy Summit To Be Webcast

American Electric Power has scheduled a live audio webcast of a presentation by Brian X. Tierney, executive vice president and chief financial officer, at the 19th annual Credit Suisse Energy Summit in Vail, Colo., Feb. 11.


January 30, 2014

AEP River Operations Starts Liquids Transport With Delivery Of First Tank Barge

AEP River Operations began operations of its new Liquids Division today with receipt of the first of 20 tank barges. The addition of tank barges to the company's fleet will allow AEP River Operations to transport liquid commodities, including petrochemicals and agricultural chemicals.


January 27, 2014

AEP Reports Strong 2013 Fourth-Quarter and Year-End Earnings;
Completes Ohio Corporate Separation

AEP today reported fourth-quarter 2013 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $346 million or $0.71 per share, compared with $21 million or $0.05 per share in 2012. Operating earnings (excluding special items) for fourth-quarter 2013 were $296 million or $0.60 per share, compared with fourth-quarter 2012 operating earnings of $242 million or $0.50 per share. The difference in fourth-quarter 2013 GAAP and operating earnings was primarily due to the reversal of a third-quarter Texas regulatory disallowance.


January 22, 2014

American Electric Power Declares Quarterly Dividend On Common Stock

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 50 cents a share on the company's common stock.


January 20, 2014

AEP Schedules Live Webcast Of Quarterly Earnings Call

American Electric Power has scheduled a quarterly earnings conference call with financial analysts for 9 a.m. EST Monday, Jan. 27.


January 17, 2014

AEP to Bid On Canadian Transmission Project

AEP transmission subsidiary AEP Transmission Holding Co. is partnering with AltaLink LP to participate in the Alberta Electric System Operator's (AESO) competitive process to build and operate the Fort McMurray West 500-kilovolt (kV) Transmission Project in the province of Alberta, Canada. Owned equally by AEP Transmission Holding Co. and AltaLink LP, the joint venture will operate as Athabasca Transmission. The project will be developed under AEP Transmission Holding Co. subsidiary Transource Energy LLC pending approval from the AESO.


January 15, 2014

AEP Generation Resources Seeks Bids For coal

COLUMBUS, Ohio, Jan. 15, 2014 - AEP Generation Resources (AEPGR), a competitive company within American Electric Power (NYSE: AEP), is seeking offers for the supply of coal to one or more of its generating stations.