COLUMBUS, Ohio, July 22, 2025 /PRNewswire/ -- The Board of Directors of American Electric Power (Nasdaq: AEP) has declared a regular quarterly cash dividend of 93 cents per share on the company's common stock.

The dividend is payable September 10, 2025, to shareholders of record as of August 8, 2025, and is the company's 461st consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910.

About AEPOur team at American Electric Power (Nasdaq: AEP) is committed to improving our customers' lives with reliable, affordable power. We are investing $54 billion from 2025 through 2029 to enhance service for customers and support the growing energy needs of our communities. Our nearly 16,000 employees operate and maintain the nation's largest electric transmission system with 40,000 line miles, along with more than 225,000 miles of distribution lines to deliver energy to 5.6 million customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 30,000 megawatts of diverse generating capacity. We are focused on safety and operational excellence, creating value for our stakeholders and bringing opportunity to our service territory through economic development and community engagement. Our family of companies includes AEP Ohio, AEP Texas, Appalachian Power (in Virginia, West Virginia and Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, a competitive retail energy supplier. AEP is headquartered in Columbus, Ohio. For more information, visit aep.com.

GAHANNA, Ohio, July 9, 2025 /PRNewswire/ -- AEP Ohio today recognized a ruling by the Public Utilities Commission of Ohio that addresses the power needs of Ohio's growing data center industry while protecting AEP Ohio's other customers.

The ruling approves a request made by AEP Ohio in May 2024 to establish enhanced financial obligations that data centers must undertake to support infrastructure that serves them. The staff of the Public Utilities Commission of Ohio (PUCO), the Ohio Consumers' Counsel, the Ohio Energy Group and others had joined AEP Ohio in the filing. The financial requirements are designed to protect other customers from shouldering the costs of grid improvements required to meet data centers' energy demands.

COLUMBUS, Ohio, June 17, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today announced leadership changes to support its long-term strategy. The company has named Rob Berntsen executive vice president and general counsel, effective July 14. He will succeed David Feinberg, who will serve as senior advisor to the chief executive officer until departing the company Aug. 15. Additionally, AEP has named Johannes Eckert executive vice president and chief information and technology officer, effective July 21. Both Berntsen and Eckert will report to Bill Fehrman, AEP president, chief executive officer and director.

COLUMBUS, Ohio, June 5, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP), KKR and PSP Investments have completed the transaction announced in January 2025 for KKR and PSP Investments to jointly invest $2.82 billion for a 19.9% equity interest in AEP's Ohio and Indiana Michigan transmission companies. The 19.9% minority equity interest represents approximately 5% of AEP's total transmission rate base.

TULSA, Okla., June 5, 2025 /PRNewswire/ -- The Oklahoma Corporation Commission (OCC) has approved the Public Service Company of Oklahoma's (PSO) purchase of the Green Country Power Plant, a 795 MW natural gas-fired generation facility located in Jenks, Oklahoma. This acquisition, set to be finalized by July 2025, will enhance PSO's capacity to meet the rising energy demands of its customers.

The OCC's approval marks a step forward in PSO's commitment to deliver affordable and reliable energy to its customers while supporting Oklahoma's economic development. Bringing the Green Country Power Plant into PSO's generation portfolio strengthens PSO's ability to provide stable, secure power to customers.

COLUMBUS, Ohio, May 20, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Douglas A. Cannon president of AEP Transmission, effective June 11. Cannon will report to Bill Fehrman, AEP president and chief executive officer.

In this role, he will lead all aspects of AEP's transmission business, including planning, projects, engineering, operations and growth. Cannon currently serves as the president and chief executive officer of NV Energy and is responsible for all aspects of service to its 1.4 million customers in Nevada.

COLUMBUS, Ohio, April 29, 2025 /PRNewswire/ -- The Board of Directors of American Electric Power (Nasdaq: AEP) has declared a regular quarterly cash dividend of 93 cents per share on the company's common stock.

The dividend is payable June 10, 2025, to shareholders of record as of May 9, 2025, and is the company's 460th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910.

About AEPOur team at American Electric Power (Nasdaq: AEP) is committed to improving our customers' lives with reliable, affordable power. We are investing $54 billion from 2025 through 2029 to enhance service for customers and support the growing energy needs of our communities. Our nearly 16,000 employees operate and maintain the nation's largest electric transmission system with 40,000 line miles, along with more than 225,000 miles of distribution lines to deliver energy to 5.6 million customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 29,000 megawatts of diverse generating capacity. We are focused on safety and operational excellence, creating value for our stakeholders and bringing opportunity to our service territory through economic development and community engagement. Our family of companies includes AEP Ohio, AEP Texas, Appalachian Power (in Virginia, West Virginia and Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. AEP is headquartered in Columbus, Ohio. For more information, visit aep.com.

COLUMBUS, Ohio, April 29, 2025 /PRNewswire/ -- Joseph G. Sauvage, retired vice chairman and chairman of Global Power, Utilities and Renewables of Citigroup, today was elected to the American Electric Power (Nasdaq: AEP) Board of Directors.

Sauvage led Citigroup's Global Power, Utilities and Renewables practice for more than 16 years. Prior to joining Citigroup, he held various investment banking roles at Lehman Brothers, including vice chairman and global head of Power, Utilities and Renewables. Sauvage served as a vice chairman of the Wall Street Advisory Group and was a member of the executive committee for the Electric Power Research Institute Advisory Council.

CORPUS CHRISTI, Texas, April 24, 2025 /PRNewswire/ -- AEP Texas will implement a three-year resiliency plan to harden its distribution infrastructure, complete targeted tree trimming and vegetation management work and introduce technologies that will provide better situational awareness to assist in the prevention and mitigation of wildfires.

The purpose of the system resiliency plan is to reduce the duration of outages and lower the restoration costs of future storm events. Approximately 80 percent of the resiliency plan involves replacing aging assets with newer equipment that is designed to a higher standard that can better withstand forces from extreme weather events.

CORPUS CHRISTI, Texas, April 24, 2025 /PRNewswire/ -- AEP Texas is set to build one of the first 765-kV transmission line projects in the Electric Reliability Council of Texas (ERCOT) to support the growing electricity needs of the Permian Basin.

The Howard-Solstice Transmission Line Project is one of three 765-kV transmission lines to be constructed along the 765-kV import paths approved by the Public Utility Commission of Texas (PUCT) on April 24 as part of the Permian Basin Reliability Plan. The project will provide new pathways to deliver additional power to the region.

FORT WAYNE, Ind., April 11, 2025 /PRNewswire/ -- Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, has made a filing with the Indiana Utility Regulatory Commission (IURC) requesting approval of a certificate of public convenience and necessity (CPCN) to acquire the Oregon Clean Energy Center, an existing 870 megawatt (MW) natural gas plant located in Oregon, Ohio. 

I&M's filing explains the need to acquire the facility, details about the plant, and future operating plans, if approved. Through the CPCN process the IURC will ensure that the proposed plant acquisition is in the public interest and is just and reasonable.

FORT WAYNE, Ind., April 1, 2025 /PRNewswire/ -- Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, recently submitted its 2024 Integrated Resource Plan (IRP) to the Indiana Utility Regulatory Commission (IURC). I&M's plan outlines the transformation the company is undergoing to meet the evolving energy needs of customers while maintaining reliable and consistent power.

The Future Ready Plan supports a resilient grid using a diverse portfolio of generation resources, energy efficiency and demand response programs to provide reliable, affordable energy for I&M customers today and into the future.

COLUMBUS, Ohio, March 26, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Puesh M. Kumar vice president of National Security and Resilience, effective April 9. Kumar will report to Emily Duncan, senior vice president of Federal Affairs, and will be based in the company's Washington, D.C. office.

Kumar will be responsible for leading AEP's engagement with federal agencies, state, local, territorial, and tribal (SLTT) communities, and other industry partners on national security, cybersecurity and grid resilience issues facing the electric sector.

COLUMBUS, Ohio, March 24, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today announced the commencement of a registered underwritten offering of $2,000,000,000 of shares of its common stock. Subject to certain conditions, all shares are expected to be borrowed by the forward counterparties (as defined below) (or their respective affiliates) from third parties and sold to the underwriters and offered in connection with the forward sale agreements described below. Citigroup and Barclays are acting as joint book-running managers for this offering.

ASHLAND, Ky., March 13, 2025 /PRNewswire/ -- Kentucky Power President Cindy Wiseman issued the following statement in response to the complaint filed by Kentucky's Attorney General and the Public Service Commission with the Federal Energy Regulatory Commission March 12 and the associated news release:

"Kentucky Power strongly disagrees with the claims made by the Attorney General and PSC and has demonstrated in previous commission proceedings that our customers benefit from transmission investments in Kentucky and the region. A strong transmission grid provides our customers and communities with increased reliability and access to low-cost generation resources. The claim that our rates are the highest in the Commonwealth is simply untrue. In fact, Kentucky Power customer rates are lower today than they were in 2022, the year referred to in the press release. For more than 100 years, we have served eastern Kentucky, and we take our responsibility to serve our customers and communities seriously.

COLUMBUS, Ohio, March 3, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was named on Forbes magazine's America's Best Large Employers 2025 list. AEP also placed seventh in the utilities category.

"It is an honor to be recognized as one of America's best large employers and a top company in the utilities industry," said Bill Fehrman, AEP president and chief executive officer. "This honor is a testament to our commitment to empowering our employees and creating an environment where they can succeed. We strive for our employees to feel supported and valued."

COLUMBUS, Ohio, Feb. 27, 2025  /PRNewswire/ -- American Electric Power (Nasdaq: AEP), and its competitive transmission affiliate Transource Energy, LLC1 (Transource Energy) will invest approximately $1.7 billion in transmission system upgrades to improve reliability and increase power availability in states throughout the PJM footprint including Indiana, Maryland, Ohio, Virginia, and West Virginia. The companies' proposals were selected by the PJM Board to address forecasted conditions that would create reliability concerns.

FORT WAYNE, Ind., Feb. 19, 2025 /PRNewswire/ -- Indiana Michigan Power (I&M), an American Electric Power (Nasdaq: AEP) company, has received the Indiana Utility Regulatory Commission's (IURC) recent order regarding its large load tariff settlement filed in late 2024. The term "large load" refers to customers who require a substantial amount of energy to operate and maintain their operations, primarily including data centers and large industrial customers.

The joint settlement with the Indiana Office of Utility Consumer Counselor (OUCC), Amazon Web Services (AWS), Microsoft, Google, the Data Center Coalition (DCC) and the Citizens Action Coalition (CAC) reinforces I&M's commitment to providing reliable and affordable service for all customers and allows for the company to pursue opportunities that support the continued economic growth of the communities it serves.