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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.
Cardinal Operating Company (COC) on behalf of AEP Generation Resources Inc. (AEPGR), an unregulated wholly owned subsidiary of AEP Energy Supply, LLC, is seeking bids for the supply of coal to Cardinal Power Plant Units 1, 2, and 3. AEP Energy Supply, LLC, which owns Cardinal Unit 1, is a wholly owned subsidiary of American Electric Power (NYSE: AEP), and Buckeye Power, Inc. (BPI), which owns Cardinal Units 2 and 3, is a corporation not for profit organized and existing under the laws of the state of Ohio and engaged in the generation and transmission of electric energy in Ohio for distribution and use by its membership.
Declining cost of wind power generation sets the stage for Utilities to shun coal and adopt wind energy, as well as for corporates to invest heavily in the U.S. wind industry
CNP vs. AEP: Which Stock Is the Better Value Option?
Q1 2020 American Electric Power Company Inc Earnings Call
American Electric Power (NYSE: AEP) has named Michael Deggendorf vice president of Transmission Asset Strategy and Policy. Deggendorf succeeds Daniel Rogier, who is retiring later this year after four decades with the company. Deggendorf began his new role April 20, 2020.
Edison Electric Institute Declines to Support Petition Seeking Federal Overturn of Solar Net Metering
The Edison Electric Institute (EEI) has fought against state solar net-metering policies over the past decade. But on Thursday the primary industry group for U.S. investor-owned utilities confirmed that it is staying neutral on a controversial petition asking federal regulators to declare net-metering illegal. On June 15, the Federal Energy Regulatory Commission (FERC) will close comments on a petition filed by New Hampshire-based New England Ratepayers Association (NERA) asking FERC to adopt a legal argument that would undermine net-metering programs in more than 41 states. EEI, whose members include Duke Energy, Dominion and American Electric Power, will “not be filing substantive comments at this time," executive director for regulatory affairs Adam Benshoff said in an emailed statem...
With the market finding its way through tricky economic territory, investors will have to strike a careful balance between offensive and defensive moves. These five stocks will help you finesse your approach, with a blend of classic safety plays, companies that will shine as the economy recovers and those that poised to profit in a post-pandemic world. SEE ALSO: All 30 Dow Stocks Ranked: The Pros Weigh In
Introduction Since utilities such as American Electric Power (AEP) are traditionally considered a safe and reliable source of dividends, it can be tempting for investors to ignore or only skim over their finances when performing their analysis. Whilst this does not prove problematic in many instances during a period of...
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]
American Electric Power has secured enough state regulator approvals to move ahead with a 1,485-megawattt wind power project in Oklahoma — even if Texas regulators end up denying its plans. AEP announced on Wednesday that it has received approvals from Louisiana and Arkansas regulators that will allow its $2 billion North Central Wind project to move ahead. The wind farms being developed in Oklahoma by Invenergy and using GE wind turbines will supply 675 megawatts of power to AEP utility Public Service Co. of Oklahoma (PSO) and 810 megawatts more to its Southwestern Electric Power Co. (SWEPCO) utility. AEP, a major utility group based in Ohio, has already won approval for North Central Wind from Oklahoma regulators and the Federal Energy Regulatory Commission (FERC), leaving only Texas ...