2017 News Releases

February 23, 2017

AEP and Dynegy to Transfer Ownership of Co-Owned Power Plants

American Electric Power (NYSE: AEP) today signed agreements to sell AEP's 330-megawatt (MW) share of the Zimmer Plant to Dynegy and to purchase Dynegy's 312-MW share of Conesville Plant. AEP and Dynegy co-own both plants.


February 21, 2017

Powers to Retire From AEP in August

American Electric Power announced today that Robert P. (Bob) Powers, vice chairman, will retire from the company Aug. 4.


February 16, 2017

AEP Named One Of Fortune's World's Most Admired Companies For Fourth Consecutive Year

American Electric Power has been named to Fortune magazine's World's Most Admired Companies list in the electric and gas utilities sector for the fourth year in a row. The survey measures nine attributes related to financial performance and corporate reputation.


February 7, 2017

American Electric Power Seeks Bids For Coal

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


January 30, 2017

AEP Completes Sale of Four Competitive Power Plants

American Electric Power today completed the sale of four competitive power plants to Lightstone Generation LLC, a joint venture of Blackstone (NYSE: BX) and an affiliate of ArcLight Capital Partners LLC (ArcLight), for approximately $2.1 billion.


January 26, 2017

AEP Reports 2016 Fourth-Quarter and Year-End Earnings

  • Fourth-quarter 2016 earnings of $0.76 per share GAAP and $0.67 per share operating
  • Year-end 2016 earnings of $1.24 per share GAAP and $3.94 per share operating
  • Investments in regulated businesses drive continued earnings growth


January 25, 2017

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 59 cents a share on the company's common stock.


January 20, 2017

AEP Schedules Live Webcast of Quarterly Earnings Call

AEP has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EST Thursday, Jan. 26. The call will be broadcast live over the Internet at http://www.aep.com/webcasts.


January 19, 2017

AEP Joins Army PaYS Program To Provide Private Sector Job Opportunities For Veterans

American Electric Power has joined the U.S. Army Partnership for Youth Success (PaYS), a program designed to accelerate the transition of veterans to careers in the private sector. AEP announced its participation in the program during a signing ceremony today attended by employees; AEP Chairman, President and Chief Executive Officer Nicholas K. Akins; Columbus Recruiting Battalion Commander, Lt. Col. Clydellia S. Prichard-Allen; U.S. Reps. Steve Stivers and Joyce Beatty; and Ohio Lt. Gov. Mary Taylor.


January 10, 2017

AEP To Participate In Evercore ISI Utility CEO Conference

American Electric Power Chairman, President and Chief Executive Officer Nicholas K. Akins will meet with investors Jan. 12 and 13, 2017, at the Evercore ISI Utility CEO Conference in Palm Beach, Florida.