N EWS R ELEASES

• Second-quarter 2020 GAAP earnings of $1.05 per share; second-quarter 2020 operating earnings of $1.08 per share
• Investments to benefit customers, plus weather, support solid earnings performance
• Company reaffirms 2020 operating earnings (non-GAAP) guidance range of $4.25 to $4.45 per share and 5% to 7% long-term growth rate

AEP Energy Partners, a subsidiary of American Electric Power Company, is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM.

American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, Aug. 6. The call will be broadcast live over the internet at http://www.aep.com/webcasts.

American Electric Power has been named one of America’s Best Employers for Women by Forbes and Statista. The company is one of 300 organizations identified as being well-liked by female employees.

Nicholas K. Akins, American Electric Power Chairman, President and Chief Executive Officer, issued the following statement today regarding the investigation surrounding Ohio House Bill 6.

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 70 cents a share on the company’s common stock.

American Electric Power has been named a Best Place to Work for Disability Inclusion for the fifth year in a row.

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.

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.  

Cardinal Operating Company (COC) on behalf of AEP Generation Resources Inc. (AEPGR), an unregulated wholly owned subsidiary of AEP Energy Supply, LLC, is seeking bids for the supply of coal to Cardinal Power Plant Units 1, 2, and 3.