American Electric Power Co. Inc. (AEP) News
Filter AEP News Items
AEP News Results
| Date | Symbol | Company | Title | Start | End | Change | POWR Rating | ||
|---|---|---|---|---|---|---|---|---|---|
| Loading, please wait... | |||||||||
AEP News Highlights
-
404 Page not found Error: Page not found
The requested URL was not found on this server.
-
404 Page not found Error: Page not found
The requested URL was not found on this server.
-
404 Page not found Error: Page not found
The requested URL was not found on this server.
Latest AEP News From Around the Web
Below are the latest news stories about AMERICAN ELECTRIC POWER CO INC that investors may wish to consider to help them evaluate AEP as an investment opportunity.
How Did American Electric Power Company, Inc.'s (NASDAQ:AEP) 9.9% ROE Fare Against The Industry?One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will... |
American Electric asset sale eases balance sheet overhang, says Morgan StanleyAfter American Electric (AEP) Power announced the sale of a minority equity interest in its transmission assets as consortium formed by KKR and PSP will acquire a 19.9% ownership stake at the Ohio and I&M transmission companies for $2.82B, Morgan Stanley notes that the deal is immediately accretive to EPS and addresses 52% of the equity needs in AEP’s plan, “alleviating a major balance sheet overhang and lowering EPS execution risk.” The firm, which expects the company to address the earnings gr |
American Electric price target lowered to $100 from $108 at BMO CapitalBMO Capital lowered the firm’s price target on American Electric (AEP) to $100 from $108 and keeps an Outperform rating on the shares. The company has announced a partnership with KKR and PSP to sell a 19.9% stake in its Ohio/ Indiana & Michigan Transcos for $2.82B, and the proceeds of the sale were “significantly higher than expectations”, though the firm’s reduced price target reflects a mark-to-market adjustment, the analyst tells investors in a research note. Published first on TheFly – the |
American Electric Power’s Strategic Partnership with KKR and PSPAmerican Electric Power ( (AEP) ) just unveiled an announcement. American Electric Power announced a strategic partnership with KKR and PSP Investments to sell a 19.9% equity interest in its Ohio and Indiana & Michigan Transmission Companies for $2.82 billion. This transaction provides AEP with efficient financing to support its five-year, $54 billion capital investment plan, enhancing reliability and service for customers. The deal, which allows AEP to maintain control of its transmission asset |
KKR, PSP Investments Partner to Buy Stake in Two American Electric Power CompaniesKKR is partnering with the Public Sector Pension Investment Board to buy a 19.9% interest in two units of American Electric Power for $2.82 billion. |
AEP Secures Minority Equity Interest Investment in Ohio and Indiana & Michigan Transmission CompaniesAmerican Electric Power (Nasdaq: AEP) today announced a definitive agreement for a strategic partnership between KKR and PSP Investments to acquire a 19.9% equity interest in the company's Ohio and Indiana & Michigan Transmission Companies (Transcos) for $2.82 billion. The Transcos are transmission-only, Federal Energy Regulatory Commission (FERC) regulated utilities that build, own and operate transmission infrastructure. |
AEP Names Seasoned Energy Executive Trevor Mihalik Executive Vice President & Chief Financial OfficerAmerican Electric Power (Nasdaq: AEP) has named Trevor I. Mihalik executive vice president and chief financial officer effective Jan. 20. He will succeed Chuck Zebula, who will serve as senior advisor to the chief executive officer before retiring in March. Mihalik's previous experience includes roles as group president, CFO, controller and chief accounting officer at Sempra. He will report to Bill Fehrman, AEP president and chief executive officer. |
Regulated utilities positioned to drive AI infrastructure expansionVistra (VST) and Constellation Energy (CEG) saw massive gains in 2024 as the next phase of the so-called AI Revolution looks to build out the infrastructure for data centers, starting with an energy grid capable of supplying and powering them. "As we think about this theme, there's so much investment that's going to be needed to prepare a system that hasn't seen power demand growth in over a decade, to be able to actually connect all of these facilities to the grid," Carly Davenport, Goldman Sachs Vice President in Global Investment Research covering US utilities (XLU), tells Madison Mills on Catalysts. "So we think the regulated utilities are very well positioned to do that, and we think it's going to drive an expansion in their capital investment." Davenport also speaks about investme... |
American Electric Power Company, Inc. (NASDAQ:AEP) is largely controlled by institutional shareholders who own 78% of the companyKey Insights Institutions' substantial holdings in American Electric Power Company implies that they have significant... |
SWEPCO Expands Generation Capacity with New Power PlantsSouthwestern Electric Power Co. (SWEPCO), a subsidiary of American Electric Power (Nasdaq: AEP), is excited to announce the ongoing development of several new generation projects, pending regulatory approval. These initiatives are designed to enhance SWEPCO's diverse energy portfolio by adding natural gas facilities alongside new wind and solar farms, addressing the growing capacity demands of our customers in a cost-effective manner. |