September 23, 2015
AEP Energy To Build Solar Energy Center For Clyde, Ohio
AEP Energy, a subsidiary of American Electric Power, has partnered with the City of Clyde, Ohio, to design, build, own and operate a 3.6-megawatt solar energy array. The City of Clyde will purchase all the electricity generated by the solar panels to help meet the energy needs of the City's 3,000 municipal customers through a 20-year power purchase agreement.
September 10, 2015
AEP Announces Outcome Of PJM Capacity Auctions
American Electric Power today announced that 7,209 megawatts (MW) of the company's unregulated generation fleet in the PJM Interconnection cleared the capacity auction for the 2018-2019 delivery year, representing all of the capacity that AEP Generation Resources bid into the auction
August 25, 2015
AEP Names Partlow Vice President & Chief Security Officer
American Electric Power has named Stanley E. Partlow vice president and chief security officer effective Sept. 1. Partlow, 57, has served as managing director - Security & Aviation since 2010. In addition to Partlow's current responsibilities for physical security and AEP aviation, he will oversee the company's cyber security efforts. Partlow will report to Robert P. Powers, executive vice president and chief operating officer.
August 12, 2015
AEP Names Haynes Senior Vice President, Strategic Initiatives & Chief Risk Officer
American Electric Power has named Stephan T. Haynes senior vice president - Strategic Initiatives and Chief Risk Officer effective Aug. 3. Haynes, 54, was promoted from vice president - Strategic Initiatives and Chief Risk Officer, a position he has held since January 2008. Haynes will continue to report to Brian Tierney, executive vice president and chief financial officer.
July 27, 2015
AEP Names Wade Smith to Transmission Leadership Role; Bruce Evans to Lead AEP Texas
A. Wade Smith has been named senior vice president - Transmission Grid Development for American Electric Power (NYSE: AEP), effective Aug. 3. He will report to Lisa M. Barton, AEP's executive vice president - Transmission, and will oversee transmission planning, engineering, project services and reliability compliance. Smith currently serves as president and chief operating officer of AEP Texas.
July 16, 2015
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. EDT Thursday, July 23. The call will be broadcast live over the Internet at http://www.aep.com/webcasts.
July 8, 2015
Osborne To Oversee Ohio Valley Electric Corporation
Robert A. Osborne has been named vice president and chief operating officer of the Ohio Valley Electric Corporation (OVEC), effective July 18, according to Nicholas K. Akins, president of OVEC and chairman, president and chief executive officer of American Electric Power (AEP).
June 5, 2015
AEP Names Dion Vice President, Technology Business Development
Philip J. Dion will join American Electric Power (NYSE: AEP) effective July 9 in a new position as vice president, Technology Business Development. "This new role at AEP will be focused on developing a business strategy to help us better anticipate and meet the evolving needs and expectations of our regulated utility customers."
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 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 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 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.