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April 04, 2022

AEP Energy Partners Seeks Solar And Wind Projects In PJM

COLUMBUS, Ohio, April 4, 2022 – AEP Energy Partners (AEPEP), a wholly owned subsidiary of American Electric Power (Nasdaq: AEP) company, seeks proposals for off-take from new and existing solar and wind facilities located in the PJM service region to support the company’s growing retail and wholesale loads in Ohio including the recently passed Columbus, Ohio Electric Service Aggregation Program.

AEPEP is seeking renewable energy purchase agreements of 10, 12 or 15 years for new solar or wind projects and 5 to 15 years for existing projects (including incremental power from re-powering wind sites). 

Notice of intent to bid must be received by AEPEP on or before Friday, April 13, 2022. Proposal packages are due no later than 5 p.m. EST, Friday, April 28, 2022 and should be submitted by email to abgough@aepes.com. Complete details about the Requests for Proposals are available on AEP’s website or by calling Andrew Gough (614) 214-8009.

About AEP and AEP Energy Partners

American Electric Power (Nasdaq: AEP) subsidiaries AEP Renewables, AEP Energy, OnSite Partners, and AEP Energy Partners, deliver a wide array of innovative competitive energy solutions nationwide. As one of the largest wholesale suppliers in the country, AEP Energy Partners specializes in offering customized wholesale power supply products based on the specific needs of customers’ electric systems within ERCOT, MISO, PJM and SPP. AEP Energy Partners also sells renewable energy through long-term contracts with utilities, electric cooperatives, municipalities and corporate customers. With a commitment to a clean energy future, AEP’s competitive businesses currently own over 1,900 megawatts of wind, solar and energy storage on both a utility scale and distributed scale basis.  Solving energy problems for customers, AEP Energy Partners and its competitive affiliates own and operate over 90 behind-the-meter projects in 26 different states and have an active development pipeline across the U.S. As a competitive retail electricity and natural gas supplier, AEP Energy serves over 700,000 residential and business customers in 28 service territories in six states and Washington, D.C. Based in Columbus, Ohio, Chicago, Illinois and San Diego, California, AEP’s family of competitive companies takes pride in making it easy for customers and partners to buy, manage and use energy. For more information, visit https://www.aep.com/about/businesses/aepenergypartners

MEDIA CONTACT:
Scott Blake
Corporate Media Relations
614/716-1938

Other News Releases

April 28, 2022

AEP Reports Strong First-Quarter 2022 Earnings

  • First-quarter 2022 GAAP earnings of $1.41 per share and $1.22 per share operating
  • Company reaffirms 2022 operating earnings (non-GAAP) guidance range of $4.87 to $5.07 and 6% to 7% long-term growth rate
  • AEP moves forward on strategic initiatives including regulated renewable development, preparation for Kentucky sale completion and unregulated renewable divestitures
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