Associated tags: American Electric Power, Electricity, AEP, Carbon, Electric power, Renewable energy, Indiana Michigan Power Center, Texas Panhandle
Locations: INDIANA, KENTUCKY, MICHIGAN, ILLINOIS, UKRAINE, RUSSIA, ROCKPORT, LIBERTY, SULFUR, MIDDLE EAST, NEW MEXICO, MASSACHUSETTS, OHIO, TENNESSEE, TEXAS, OKLAHOMA, WEST VIRGINIA, ARKANSAS, LOUISIANA, VIRGINIA
Journey Forward,
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Renewable energy COLUMBUS, Ohio, May 1, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) issued the 2024 Corporate Sustainability Report, an annual assessment of its sustainable business practices, strategy, performance and impact.
Key Points:
- COLUMBUS, Ohio, May 1, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) issued the 2024 Corporate Sustainability Report, an annual assessment of its sustainable business practices, strategy, performance and impact.
- In 2023, AEP refreshed its company values to reinforce a commitment to customers and a safe, sustainable energy future.
- The 2024 Corporate Sustainability Report is one way we show our commitment to our stakeholders by highlighting what we've accomplished and outlining the future of AEP," said Sandy Nessing, vice president and chief sustainability officer.
- View the 2024 Corporate Sustainability Report and learn more about AEP's sustainable development strategy.
COLUMBUS, Ohio, April 29, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m.
Key Points:
- COLUMBUS, Ohio, April 29, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m.
- The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call.
- The call will be archived on http://www.aep.com/webcasts for use by those unable to listen to the live webcast.
- AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide.
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Management COLUMBUS, Ohio, April 23, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was included in Forbes Best Employers for Diversity 2024 list .
Key Points:
- COLUMBUS, Ohio, April 23, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was included in Forbes Best Employers for Diversity 2024 list .
- Each company's diversity-related practices, such as employee resource groups and publication of diversity data, were also researched and assessed.
- "AEP is proud to be recognized for our efforts to create a culture where our employees feel valued and respected," said Phil Ulrich, AEP's chief human resources officer.
- Throughout 2023, the company's employee resource groups hosted several events across AEP locations and have actively participated in various community initiatives.
As the utility grew, the tax function became the recipient of increasingly diverse data sources which formed the basis of key tax compliance, accounting, and planning processes.
Key Points:
- As the utility grew, the tax function became the recipient of increasingly diverse data sources which formed the basis of key tax compliance, accounting, and planning processes.
- Recognizing the need for streamlined operations and cohesive data management, AEP engaged Lucasys to optimize internal processes, cleanse disparate data sets, and realize greater technological efficiencies.
- AEP has expanded its collaboration with Lucasys, including the design, development, and execution of a plan to standardize and cleanse its tax fixed asset and tax accounting data.
- The successful collaboration with Lucasys has helped position AEP to leverage its data as a strategic asset for the future.
COLUMBUS, Ohio, April 4, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) is one of six companies to earn the JUST Jobs Leader designation on the JUST Jobs Scorecard released today.
Key Points:
- COLUMBUS, Ohio, April 4, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) is one of six companies to earn the JUST Jobs Leader designation on the JUST Jobs Scorecard released today.
- The JUST Jobs Scorecard is a new, data-driven tool that helps companies prioritize investments in their employees.
- "Investing in our employees is a top priority, and it's an honor to be named as a leader on the new JUST Jobs Scorecard," said Phil Ulrich, AEP's chief human resources officer.
- Additionally, AEP earned a maximum score of 4 in two topic areas, employee wellness and training and development, and was named a top performer in those categories.
Retrieved on:
Tuesday, February 27, 2024
COLUMBUS, Ohio, Feb. 27, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has completed the sale of its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus).
Key Points:
- COLUMBUS, Ohio, Feb. 27, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has completed the sale of its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus).
- AEP began the sale process in June 2023 and received necessary regulatory approval from the Federal Energy Regulatory Commission, New Mexico regulatory approvals associated with one of NMRD's projects and clearance under the Hart-Scott-Rodino Antitrust Improvement Act of 1976.
- The sale portfolio includes nine operating solar developments totaling 185 MW and six projects under development with an estimated output of 440 MW.
- AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide.
Retrieved on:
Monday, February 26, 2024
AEP Board Member and Former Chairman and CEO of Xcel Energy, Benjamin G.S.
Key Points:
- AEP Board Member and Former Chairman and CEO of Xcel Energy, Benjamin G.S.
- Fowke III, Appointed Interim CEO & President
COLUMBUS, Ohio, Feb. 26, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today announced that Benjamin G.S.
- The Board determined, based on discussions with Sloat, that it is time to identify a new CEO to lead the company's next chapter.
- "After thorough deliberation and discussions with Julie, the Board determined now is the right time to make this leadership transition to best position AEP for the future," Tucker said.
Retrieved on:
Wednesday, February 21, 2024
COLUMBUS, Ohio, Feb. 21, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m.
Key Points:
- COLUMBUS, Ohio, Feb. 21, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m.
- The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call.
- The call will be archived on http://www.aep.com/webcasts for use by those unable to listen to the live webcast.
- AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide.
Retrieved on:
Thursday, February 8, 2024
PLANO, Texas, Feb. 8, 2024 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that American Electric Power (AEP) which maintains and operates the nation's largest electricity transmission system, has added Ribbon's IP and Optical products as one of its solutions to continue providing the critical communications needs to support AEP's infrastructure.
Key Points:
- Today's utilities are required to digitize their assets, both in order to meet regulatory and security mandates, and to expand their offer with new services, reduced carbon emissions and improved maintenance, safety and security.
- Ribbon's IP and Optical solutions, combined with a single management system, deliver field proven solutions to support and facilitate this transformation.
- "AEP is a leader in the utilities sector, and its extensive network is a key part of our national infrastructure," said Dave Hogan, Vice President, Enterprise & Government Markets from Ribbon.
- "We're pleased to provide them with the high quality, secure and reliable IP Optical solutions that fulfill their stringent requirements and timetables."
Partnership,
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Management COLUMBUS, Ohio, Feb. 5, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has been named to the JUST 100 list for the fourth year in a row.
Key Points:
- COLUMBUS, Ohio, Feb. 5, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has been named to the JUST 100 list for the fourth year in a row.
- The JUST 100 identifies companies that set the standard in commitment to their stakeholders.
- JUST Capital, in partnership with CNBC, assessed 937 of the nation's largest publicly traded companies across 20 stakeholder-focused issues identified through public opinion research.
- Companies were evaluated on their performance in creating jobs; protecting worker health and safety; environmental sustainability and other metrics.
