Releases


Transource Transmission Project Energized in Missouri

COLUMBUS, Ohio, Dec. 16, 2016 - A new transmission project built in Missouri by Transource Missouri LLC now is enhancing reliability and reducing transmission congestion in the state and region. The 180-mile Midwest Transmission Project was energized Dec. 15.

AEP Ohio Requests Proposals for Renewable Energy Projects

GAHANNA, Ohio, Dec. 16, 2016 - AEP Ohio, a unit of American Electric Power (NYSE: AEP), today issued two separate Requests for Proposal (RFPs) for wind and solar energy generation resources in Ohio.

AEP Announces Organizational, Executive Leadership Changes

AEP has made organizational and executive leadership changes to support the company's strategic goals and executive succession plans, according to Nicholas K. Akins, AEP chairman, president and chief executive officer. The changes are effective Jan. 1, 2017.

AEP Named One Of The Best Places To Work For LGBT Equality

American Electric Power received a perfect score on the 2017 Corporate Equality Index, a national benchmark of workplace policies, benefits and practices for members of the lesbian, gay, bisexual and transgender (LGBT) communities sponsored by the Human Rights Campaign Foundation. AEP's score ranks the company among the 2017 Best Places to Work for LGBT Equality list.

AEP Names Satterwhite President of Kentucky Power

American Electric Power has named Matthew J. Satterwhite president and chief operating officer of Kentucky Power, effective Dec. 9.

AEP Announces Live Webcast Of Presentation By Chief Executive Officer At EEI Financial Conference Nov. 8

American Electric Power has scheduled a live audio webcast of remarks by AEP Chairman, President and Chief Executive Officer Nicholas K. Akins Nov. 8 at the 51st annual Edison Electric Institute Financial Conference in Phoenix.

American Electric Power Seeks Bids for Coal

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

AEP Reports Third-Quarter 2016 Earnings

  • Third-quarter 2016 GAAP loss of $1.56 per share, primarily driven by impairment of competitive generation assets
  • Third-quarter 2016 operating earnings of $1.30 per share
  • 2016 operating earnings guidance increased and narrowed
  • Investments in regulated businesses support continued earnings growth

AEP To Fuel Growth With Increased Investment In Regulated Operations and Renewables

AEP is increasing capital investment in its core operations over the next three years to support a higher operating earnings growth range of 5 to 7 percent from the previous 4 to 6 percent growth rate.

AEP Increases Quarterly Dividend To 59 Cents A Share

The Board of Directors of American Electric Power Co. (NYSE: AEP) today declared a regular quarterly cash dividend of 59 cents a share on the company's common stock, increasing the dividend 5.4 percent from the previous 56 cents a share. AEP last increased its dividend in October 2015.

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