N EWS R ELEASES

AEP Energy Partners, a subsidiary of American Electric Power, has signed a letter of intent with BQ Energy Development, LLC to purchase 100% offtake of the Columbus Solar Park being developed southwest of downtown Columbus, Ohio.

• Third-quarter 2020 GAAP earnings of $1.51 per share; third-quarter 2020 operating earnings of $1.47 per share
• 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

The North American Pollinator Protection Campaign (NAPPC), managed by Pollinator Partnership, has awarded its first 2020 Pollinator Electric Power Award to American Electric Power for its leadership in pollinator-friendly projects. This award was established by the NAPPC Pollinators on Managed Lands Task Force and sponsored by the Electric Power Research Institute (EPRI). As a sponsor of the award, EPRI does not participate in the nomination process or award selection committee.

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 74 cents a share on the company’s common stock, an increase of 4 cents per share. The increase is in line with the company’s 5% to 7% operating earnings growth range.

American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, Oct. 22. The call will be broadcast live over the internet at http://www.aep.com/webcasts.

American Electric Power has been named to the Forbes JUST 100 2021 list, which recognizes companies that set the standard in commitment to their stakeholders. AEP earned the top spot for utilities and was the highest ranked utility in the ‘Workers’ category.

American Electric Power has promoted Daniel L. Snider to vice president, Enterprise NERC Compliance, effective Sept. 28. Snider has been AEP’s managing director, Enterprise NERC Compliance since 2010.  

American Electric Power (NYSE: AEP) today announced that it will accelerate its electric vehicle purchases with the goal of replacing 100% of its 2,300 cars and light-duty trucks with EV alternatives by 2030. AEP’s total fleet is composed of nearly 8,000 vehicles, including medium- and heavy- duty vehicles. By converting medium- and heavy-duty vehicles as electric or hybrid models become available, AEP will achieve its goal of electrifying 40% of its entire on-road vehicle fleet in less than 10 years.

American Electric Power Company today announced it will transfer the securities exchange listing of its two series of 6.125% Corporate Units from the New York Stock Exchange (NYSE) to The Nasdaq Stock Market effective as of the open of trading on Thursday, Oct. 1. 

American Electric Power Company today announced it will transfer its stock exchange listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market, effective opening bell on Thursday, Oct. 1. The last day of trading on the NYSE will be Wednesday, Sept. 30. AEP’s stock will continue to trade under the ticker symbol “AEP”.