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August 25, 2024

American Electric Power (AEP)

AEP Becomes 4th Utility to Join Nasdaq
AEP will become at least the fourth major U.S. utility to switch its stock listing from the New York Stock Exchange to the Nasdaq Stock Market.
Akins: AEP’s Actions ‘Lawful, Ethical’
AEP's CEO said federal investigators have not contacted the company about an alleged bribery scheme and defended AEP’s contributions to a nonprofit.
Report: Evergy Calls Off Sale, Stock Slides
Evergy has decided to remain single after dalliances with several potential acquisition partners, according to a published report.
UPDATE: FirstEnergy, AEP CEOs Deny Wrongdoing
AEP CEO Nick Akins said that his company is innocent of wrongdoing in the alleged bribery scheme that resulted in the passage of Ohio H.B. 6, echoing a similar protestation by FirstEnergy CEO Charles Jones.
Regulatory Setback Doesn’t Stop AEP Wind Project
The Texas PUC rejected ratepayers’ participation in an AEP wind project for the second time in three years, denying subsidiary SWEPCO's plan to add 810 MW.
Companies Debate When to Bring Back Staff
GCPA hosted a discussion with ERCOT CEO Bill Magness and AEP's Scott Smith on the future of office work amid and after the COVID-19 pandemic.
AEP a Go with $2B North Central Wind Project
American Electric Power said it has received enough regulatory approvals to fully move forward with its 1,485-MW North Central Wind Project in Oklahoma.
Constellation to Pay AEP $253K in Tx Fee Dispute
Exelon’s Constellation will pay American Electric Power $252,701 to settle AEP’s complaint over MISO’s failure to collect transmission charges from a defunct LSE.
COVID-19 Takes Bite out of AEP’s Q1 Earnings
American Electric Power can be counted among companies whose environment has been turned upside down by COVID-19, with Q1 earnings down sharply.
AEP Warns of ‘Adverse’ Effects from Coronavirus
AEP warned shareholders its financial condition and operations could be hurt by the COVID-19 pandemic as utilities considered delaying spring maintenance.

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