2014 News Releases

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.