2015 News Releases

May 13, 2015

AEP Releases 2015 Corporate Accountability Report

American Electric Power has released its 2015 Corporate Accountability Report, titled "Powering the Future," which includes discussion of the company's strategy, governance and financial performance.


April 28, 2015

AEP Subsidiary Appalachian Power To Redeem Senior Notes

Appalachian Power Company, a public utility subsidiary of American Electric Power, today announced that on May 28, 2015, it will redeem the entire outstanding $350 million principal amount of its 7.95 percent Senior Notes, Series R, due 2020. 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 23, 2015

AEP Reports Strong First-Quarter 2015 Earnings, Driven By Solid Performance In Regulated And Competitive Businesses

  • First-quarter 2015 earnings $1.29 per share GAAP and $1.28 per share operating
  • Company reaffirms 2015 operating earnings guidance range of $3.40 to $3.60 per share


April 21, 2015

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


April 21, 2015

AEP's Investment In Core, Regulated Operations Supporting Earnings Growth, Shareholders Learn At Company's Annual Meeting

American Electric Power continues to deliver shareholder value through a long-term growth strategy focused on investment in the company's core regulated operations, according to Nicholas K. Akins, AEP's chairman, president and chief executive officer. Akins addressed shareholders at the company's annual meeting today in Columbus, Ohio.


April 16, 2015

AEP Schedules Live Webcast Of Quarterly Earnings Call

American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EDT Thursday, April 23. The call will be broadcast live over the Internet at http://www.aep.com/webcasts.


April 10, 2015

AEP Recommends Shareholders Reject "Mini-Tender" Offer From TRC Capital Corporation

COLUMBUS, Ohio, April 10, 2015 - American Electric Power (NYSE: AEP) has received notification of an unsolicited "mini-tender" offer by TRC Capital Corporation, a private Canadian investment company, to purchase up to 2 million shares of AEP's common stock, or approximately 0.41 percent of the company's outstanding shares, at a price of $53.45 per share. TRC Capital's offer price is 4.52 percent below the $55.98 closing price of AEP shares on April 8, 2015, the day before the offer commenced.


April 2, 2015

AEP Generation Resources Seeks Bids For Coal

COLUMBUS, Ohio, April 2, 2015 - AEP Generation Resources (AEPGR), a competitive company within AEP, is seeking offers for the supply of coal to one or more of its generating stations.


March 23, 2015

AEP To Review Strategic Alternatives For Its Competitive Barge Transportation Business

American Electric Power today announced that it is has engaged Morgan Stanley & Co. LLC to explore strategic alternatives for its competitive barge transportation subsidiary, AEP River Operations LLC. AEP River Operations is one of the largest U.S. inland marine transportation companies providing transportation services for bulk commodities, coal and liquids.


February 25, 2015

AEP Ohio Responds To Electric Security Plan Order By PUCO Order addresses continued support of reliability investments while delaying decision on PPA assets

The Public Utilities Commission of Ohio (PUCO) ruled today on the Electric Security Plan (ESP) of AEP Ohio, a unit of American Electric Power. According to company officials, the order provides for continued support of infrastructure investment efforts and recognizes the legality of a regulated utility establishing a Power Purchase Agreement (PPA). The order, however, delays a decision on whether the company can include its Ohio Valley Electric Corporation (OVEC) entitlement in the agreement.


February 19, 2015

AEP Named To Fortune World's Most Admired Companies List For Second Year

American Electric Power has been named to Fortune magazine's 2015 World's Most Admired Companies list in the electric and gas utilities sector. This was AEP's second year participating in the survey, which measures nine attributes related to financial performance and corporate reputation.


February 5, 2015

I&M to Build Five Solar Power Facilities

FORT WAYNE, Ind., Feb. 5, 2015 - Indiana Michigan Power (I&M), an operating unit of American Electric Power (NYSE: AEP), will add solar energy to its generation fleet following the Indiana Utility Regulatory Commission's approval of I&M's plans for five solar facilities with a combined capacity of nearly 16 megawatts.


January 28, 2015

AEP Reports 2014 Fourth-Quarter and Year-End Earnings;
Solid Performance Supported by Earnings Growth Strategy

  • Fourth-quarter 2014 earnings $0.39 per share GAAP and $0.48 per share operating
  • 2014 year-end earnings $3.34 per share GAAP and $3.43 per share operating
  • Company reaffirms 2015 operating earnings guidance range of $3.40 to $3.60 per share


January 21, 2015

AEP Schedules Live Webcast Of Quarterly Earnings Call

American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EST Wednesday, Jan. 28. The call will be broadcast live over the Internet at http://www.aep.com/webcasts.


January 21, 2015

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