N EWS R ELEASES

The Electric Highway Coalition (EHC) has doubled the number of companies committed to enabling long distance electric vehicle (EV) travel through a network of DC fast charging stations connecting major highway systems. 

• Second-quarter 2021 GAAP earnings of $1.16 per share and $1.18 per share operating
• Company reaffirms 2021 operating earnings (non-GAAP) guidance range of $4.55 to $4.75 per share; maintains 5% to 7% long-term growth rate

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.

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

American Electric Power received a score of 100 on Disability:IN’s Disability Equality Index (DEI) and was named a Best Place to Work for Disability Inclusion. This is the sixth consecutive year the company was recognized for its commitment to disability inclusion and equality.

Invenergy, a leading privately-held global developer and operator of sustainable energy solutions, and AEP Renewables, a subsidiary of American Electric Power (AEP), today announced the start of commercial operations at the 100-megawatt MGM Resorts Mega Solar Array project in Nevada. The project supports the renewable energy goals of MGM Resorts International, supplying up to 90% of MGM Resorts’ daytime power needs at its 13 Las Vegas Strip properties.

Southwestern Electric Power Co. (SWEPCO), a subsidiary of American Electric Power, today issued three Requests for Proposals (RFP) for renewable and short-term generating capacity to supply the needs of its customers.

American Electric Power was named to JUST Capital’s Top 100 U.S. Companies Supporting Healthy Communities and Families list, which recognizes organizations that set the bar in promoting the health and wellness of their employees, their families and the communities they serve. The company ranked first overall in the utilities sector and received the top spot in the workers category for utilities. AEP also tied for first place overall in the diversity, equity and inclusion subcategory.

The American Electric Power Foundation has awarded a $1 million, multi-year grant to the YWCA in Columbus, Ohio. The gift is part of the foundation’s Delivering on the Dream: Social and Racial Justice grant program, which is a five-year, $5 million commitment to fund organizations with programs dedicated to advancing social and racial justice in communities American Electric Power serves. 

American Electric Power, on behalf of its subsidiary Public Service Company of Oklahoma, is seeking to sell Dyed No. 2 Fuel Oil from its Riverside Plant in Jenks, Oklahoma, beginning July 21, 2021.