Releases

March 14, 2019

AEP Announces Pricing of Equity Units

Offering addressed planned equity needs in connection with the company’s existing capital expenditure plan through 2021.

March 13, 2019

AEP Announces Equity-Linked Offering to Fund Capital Investment Plan

Offering addresses planned equity needs in connection with the company’s existing capital expenditure plan through 2021, exclusive of the dividend reinvestment plan

Offering addresses planned equity needs in connection with the company’s existing capital expenditure plan through 2021, exclusive of the dividend reinvestment plan

March 11, 2019

Spitznogle Named AEP Vice President, Environmental Services

American Electric Power has named Gary O. Spitznogle vice president, Environmental Services. He will succeed John M. McManus, senior vice president, Environmental Services, who is retiring later this year.

March 11, 2019

American Electric Power Service Corporation Seeks Bids For Coal

American Electric Power (NYSE: AEP), today issued a request for proposal (RFP) for the supply of coal to one or more of its generating stations in multiple coal regions.

March 7, 2019

AEP Announces New Chief Customer Officer and Combines Transmission and Distribution Oversight Organizations

American Electric Power today announced that Thomas L. Kirkpatrick, currently vice president, Distribution Asset Management and Support Services, will be the company’s new senior vice president and chief customer officer, replacing Bruce Evans, who has announced plans to retire June 28. Kirkpatrick will have responsibility for Customer Services, Solutions and Business Development.

February 27, 2019

AEP Launches IlluminationLAB; Partners with L Marks to Identify Innovative Technology Ideas

American Electric Power has partnered with innovation specialist L Marks to launch IlluminationLAB. IlluminationLAB, based Columbus, Ohio, is a strategic initiative designed to identify innovative technology solutions that will drive improved performance and enhance customer experiences in the energy industry.

February 12, 2019

AEP Signs Agreement to Purchase Wind Assets from Sempra

Company signs agreement to acquire Sempra Renewables business
Acquisition advances part of planned $2.2 billion investment by 2023 in contracted renewables

Company signs agreement to acquire Sempra Renewables business
Acquisition advances part of planned $2.2 billion investment by 2023 in contracted renewables

January 24, 2019

AEP Reports Strong 2018 Fourth-Quarter and Year-End Earnings

Fourth-quarter 2018 earnings of $0.74 per share GAAP and $0.72 per share operating
Year-end 2018 earnings of $3.90 per share GAAP and $3.95 per share operating
Company reaffirms 2019 operating earnings guidance range of $4.00 to $4.20 per share
Company reaffirms 5 to 7 percent operating earnings growth rate

Fourth-quarter 2018 earnings of $0.74 per share GAAP and $0.72 per share operating
Year-end 2018 earnings of $3.90 per share GAAP and $3.95 per share operating
Company reaffirms 2019 operating earnings guidance range of $4.00 to $4.20 per share
Company reaffirms 5 to 7 percent operating earnings growth rate

January 22, 2019

AEP Named One of Fortune's World's Most Admired Companies for Sixth Consecutive Year

American Electric Power (NYSE: AEP) has been named to Fortune magazine’s World’s Most Admired Companies list in the electric and gas utilities sector for the sixth year in a row. The survey measures nine attributes related to financial performance and corporate reputation.

January 22, 2019