July 02, 2020
July 02, 2020
AEP to Proceed with Full $2 Billion Investment in Wind Projects to Benefit Customers in Three States, Despite Texas Commission Decision
Projects will serve customers in Arkansas, Louisiana and Oklahoma, saving them approximately $3 billion over 30 years
While the Public Utility Commission of Texas today denied approval of Southwestern Electric Power Co.’s (SWEPCO) plan to add 309 megawatts (MW) of wind energy to serve Texas customers, American Electric Power has received the other regulatory approvals needed to acquire the entire planned 1,485 MW of North Central wind generation. AEP is investing approximately $2 billion to bring new renewable energy to Public Service Company of Oklahoma (PSO) customers and SWEPCO customers in Arkansas and Louisiana.
July 01, 2020
AEP Energy Signs PPA for Output from New 400-MW Wind Project in Illinois
Project will provide renewable energy to help serve Google data center in New Albany, Ohio
American Electric Power’s AEP Energy subsidiary has signed a long-term power purchase agreement with an affiliate of Copenhagen Infrastructure Partners (CIP) for the output of 400 megawatt (MW) of renewable energy from Panther Grove Wind Energy Facility in Woodford County, Illinois.
May 06, 2020
AEP Reports 2020 First-Quarter Earnings
- First-quarter 2020 earnings $1.00 per share GAAP and $1.02 per share operating
- Company reaffirms 2020 operating earnings (non-GAAP) guidance range of $4.25 to $4.45 per share and 5% to 7% long-term operating earnings growth rate
AEP Renewables Gives Back to Communities During the Pandemic
AEP Renewables is lending a hand to nonprofits serving those in need with the help of six grants from the AEP Foundation.
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