Tag: AEP

Electric Utility, Public Utilities

AEP sells its wind and solar renewable energy portfolio for $1.5B

February 28, 2023

Via: Power Engineering International

American Electric Power said it agreed to sell its 1,365 MW renewables portfolio to IRG Acquisition Holdings, a partnership owned by Invenergy, CDPQ and funds managed by Blackstone Infrastructure, at an enterprise value of $1.5 billion including project debt. The […]

Electric Utility, Public Utilities

AEP’s renewable buildout has flexibility to handle uncertainty in the solar market: CEO Akins

April 29, 2022

Via: Utility Dive

AEP expects to spend about $8.2 billion from 2022 through 2026 as part of its plan to shift its generating fleet to about half renewable energy by the end of the decade, according to the Columbus, Ohio-based company’s earnings presentation. […]

Electric Utility, Public Utilities

American Electric Power: The Ideal Utility To Win The War On Inflation

September 30, 2021

Via: Seeking Alpha

Investors are challenged today with how to build a portfolio of companies that will do well in a heightened inflationary environment. American Electric Power (NASDAQ:AEP) is one company that is poised to perform in a heightened inflationary environment. As one […]

Electric Utility, Public Utilities

Duke, AEP, Dominion among utilities to halt service shutoffs in coronavirus response

March 16, 2020

Via: Utility Dive

President Donald Trump on Friday declared the spread of COVID-19 a national emergency, and the Centers for Disease Control and Prevention has recommended an eight week halt to events of more than 50 people. Governors in some states have closed […]

Electric Utility, Public Utilities

Duke Energy, American Electric Power Separately Seeking to Go Net-Zero Carbon by 2050

September 19, 2019

Via: PowerMag

Two formidable U.S. coal power generators this week separately revised their their carbon dioxide emissions reduction targets. Duke Energy announced it would seek to go to net-zero by 2050. American Electric Power (AEP), meanwhile, said it would extend its target […]

Electric Utility, Public Utilities

AEP rolls out $10M Ohio EV infrastructure incentive program

August 20, 2018

Via: Utility Dive

The program is part of a wave of EV charging rollouts utilities are spearheading in an effort to spur EV adoption. Utilities spy opportunity in the increased electric sales and higher system utilization, potentially helping to lower costs for all […]