American Electric Power

Electrical Equipment & Systems

New Power Cable Technology Launched at AEP's Bixby Station

COLUMBUS, Ohio, Sept. 18 -- An innovative High Temperature Superconducting (HTS) power cable system was launched today at American Electric Power's (NYSE:AEP) Bixby Station outside of Columbus, Ohio. The launch begins a two-year test of a new HTS cable design that holds promise for lowering the costs of HTS cable and helping address concerns about growing electricity demands in an increasing...

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AEP to Sell Racine Hydro Plant

Columbus, Ohio, Feb. 9, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has reached an agreement to sell its 48-megawatt (MW) hydroelectric Racine Plant in Racine, Ohio, owned by AEP Generation Resources, the company's competitive generation affiliate, to Eagle Creek Renewable Energy.   The sale of Racine Plant is part of our ongoing strategic evaluation of our generating assets as...

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American Electric Power Receives First NAPPC Pollinator Electric Power Award

COLUMBUS, Ohio, Oct. 20, 2020 /PRNewswire/ -- The North American Pollinator Protection Campaign (NAPPC), managed by Pollinator Partnership, has awarded its first 2020 Pollinator Electric Power Award to American Electric Power (Nasdaq: AEP) for its leadership in pollinator-friendly projects. This award was established by the NAPPC Pollinators on Managed Lands Task Force and sponsored by the...

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

COLUMBUS, Ohio, Jan. 21, 2020 /PRNewswire/ -- 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 seventh year in a row. A total of 680 companies from 30 countries were surveyed for inclusion on this year's list, which evaluates companies' financial performance and corporate reputation....

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AEP Selected For 2020 Bloomberg Gender-Equality Index

COLUMBUS, Ohio, Jan. 21, 2020 /PRNewswire/ -- American Electric Power (NYSE: AEP) is among 325 companies included in the 2020 Bloomberg Gender-Equality Index (GEI), which recognizes companies that are trailblazers in their commitment to gender reporting and advancing women's equality. This is the second consecutive year AEP has been included in the index. This year's GEI is based upon scoring...

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AEP Named Best Place to Work for Disability Inclusion For Fourth Consecutive Year

COLUMBUS, Ohio, July 17, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) has been named a Best Place to Work for Disability Inclusion for the fourth year in a row. The recognition was announced today by Disability:IN and the American Association of People with Disabilities, which conduct the Disability Equality Index® (DEI), a national benchmarking tool that offers businesses the...

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AEP Named One of America's Best-in-State Employers By Forbes

COLUMBUS, Ohio, June 17, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) has been included on the inaugural list of Forbes magazine's America's Best-in-State Employers 2019. AEP was identified as an organization recommended by employees in Indiana, Ohio and Texas. The ranking is divided into 51 lists: one for each of the 50 states and the District of Columbia. AEP was selected...

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AEP Named a 2020 Women on Boards Winning Company

Columbus, Ohio, June 13, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) has been recognized by 2020 Women on Boards as a Winning W Company for having 20% or more board seats held by women. AEP's 13-member board includes four women, or 31%. 2020 Women on Boards is a non-profit grassroots campaign committed to increasing the percentage of women who serve on company boards to 20% or...

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AEP Energy Partners Seeks Wind and Solar Energy in PJM

COLUMBUS, Ohio, April 30, 2019 /PRNewswire/ -- AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company (NYSE: AEP), is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. The company is seeking renewable energy purchase agreements of 10 years for solar or wind, in addition to 15-year solar and 12-year wind agreements, for...

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

Columbus, Ohio, Feb. 27, 2019 /PRNewswire/ -- American Electric Power (NYSE: AEP) 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. IlluminationLAB is...

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

Columbus, Ohio, Jan. 22, 2019 /PRNewswire/ -- 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. For more than a century, AEP has proudly powered millions of homes and...

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