Releases


AEP transmission venture with Allegheny files to establish FERC rate for PATH transmission project

American Electric Power today announced that Potomac-Appalachian Transmission Highline LLC, AEP’s transmission joint venture with Allegheny Energy, has filed with the Federal Energy Regulatory Commission to establish a transmission rate to recover costs for the approximately 290-mile, extra-high voltage transmission line that the companies propose to build from West Virginia into Maryland.

AEP, MidAmerican Texas Transmission Joint Venture begins operation

American Electric Power (NYSE: AEP) and MidAmerican Energy Holdings Co. (MidAmerican) today completed the transaction establishing Electric Transmission Texas, LLC (ETT) as a joint venture to build transmission projects within the Electric Reliability Council of Texas (ERCOT).

AEP announces organizational, executive leadership changes

American Electric Power (NYSE: AEP) has made organizational and executive leadership changes to support the company´s strategic and executive succession goals, according to Michael G. Morris, AEP’s chairman, president and chief executive officer.

AEP names Hoaglin to board of directors

Thomas E. Hoaglin, chairman and chief executive officer of Huntington Bancshares Inc., has been elected to American Electric Power’s (NYSE: AEP) board of directors, according to Michael G. Morris, AEP’s chairman, president and chief executive officer.

AEP represents the United States in international project to achieve a sustainable eletricity future; WBCSD Electricity Utilities Sector Project launched report “Powering a Sustainable Future” today at the United Nations Climate Change conference in Bali

American Electric Power (NYSE: AEP) is one of 10 international electric utilities, and the only U.S.-based utility, participating in a project of the World Business Council for Sustainable Development (WBCSD) that is designed to promote the achievement of a sustainable electricity future. The WBCSD Electricity Utilities Sector Project released its interim report “Powering a Sustainable Future: Policies and Measures to Make it Happen” today at the United Nations Climate Change conference in Bali.

AEP recognized as military-friendly employer for fifth consecutive year

G.I. Jobs magazine is recognizing American Electric Power (NYSE: AEP) as one of the nation’s 50 most “military-friendly” employers for the fifth consecutive year. AEP is among only seven companies that have been named to the publication’s top-50 list each year since its inception in 2003.

RWE to join AEP in validation of carbon capture technology

American Electric Power (NYSE: AEP) announced today that RWE AG, one of the world’s leading power producers and the largest electricity producer in Germany, will collaborate with AEP and Alstom during a planned validation of commercial-scale application of carbon capture and storage technology on an existing AEP coal-fired power plant.

AEP announces live webcast of presentation at EEI event

American Electric Power has scheduled a live audio webcast of remarks by Holly Koeppel, AEP executive vice president and chief financial officer, Nov. 6 at the 42nd annual Edison Electric Institute Financial Conference in Lake Buena Vista, Fla.

AEP reports 2007 third-quarter earnings

  • 2007 third-quarter earnings: $1.02 per share GAAP, $1.16 per share ongoing
  • AEP’s utilities have strong quarter
  • Company once again confirms earnings guidance for 2007

American Electric Power increases quarterly dividend on common stock

The Board of Directors of American Electric Power Co. (NYSE: AEP) today approved an increase in the regular quarterly cash dividend on a share of the company’s common stock to 41 cents a share from the previous 39 cents a share.

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