NASDAQ:AEP

AEP Releases 2024 Corporate Sustainability Report

Retrieved on: 
Wednesday, May 1, 2024
Journey Forward, American Electric Power, Electricity, Carbon, Just transition, Workforce, Multimedia, AEP, Community, Social justice, Growth, Corporate sustainability, 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.

AEP Schedules Live Webcast of Quarterly Earnings Call

Retrieved on: 
Monday, April 29, 2024
American Electric Power, Internet, Electricity, Carbon, Multimedia, AEP, Broadcasting

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.

AEP Recognized as One of America's Best Employers for Diversity

Retrieved on: 
Tuesday, April 23, 2024
American Electric Power, Lead, Juneteenth, Electricity, Carbon, History, Culture, Special Olympics, Indian Olympic Association, Workforce, Multimedia, AEP, Organization, Black History Month, Disability, 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.

AEP Named Leader on New JUST Jobs Scorecard

Retrieved on: 
Thursday, April 4, 2024
American Electric Power, Electricity, Health, AEP, Carbon, Investment, Multimedia

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.

AEP Completes Sale of New Mexico Solar Assets

Retrieved on: 
Tuesday, February 27, 2024
American Electric Power, AEP, Multimedia, Exu, Sale, Federal Energy Regulatory Commission, Carbon, Electricity, NMRD, Renewable energy

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.

AEP Announces CEO Transition

Retrieved on: 
Monday, February 26, 2024
AEP, Internet, Xcel Energy, American Electric Power, Sloat, Committee on Finance, Former, Management

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.

AEP Schedules Live Webcast of Quarterly Earnings Call

Retrieved on: 
Wednesday, February 21, 2024
American Electric Power, AEP, Internet, Multimedia, Carbon, Electricity, Broadcasting

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.

AEP Named One of America's Most JUST Companies for Fourth Consecutive Year

Retrieved on: 
Monday, February 5, 2024
Partnership, Multimedia, JUST, Growth, AEP, Research, Public opinion, Safety, Capital, American Electric Power, CNBC, Carbon, Health, Electricity, 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.

AEP Receives Top Customer Service Awards from EEI and Key Business Customers

Retrieved on: 
Monday, January 29, 2024
National accounts, AEP, Multimedia, Electricity, American Electric Power, EEI, Carbon, Walmart, Edison Electric Institute, Starbucks, Intel, Growth, Cryptocurrency

COLUMBUS, Ohio, Jan. 29, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) received three Outstanding Customer Engagement awards today from the Edison Electric Institute (EEI) and national key accounts customers.

Key Points: 
  • COLUMBUS, Ohio, Jan. 29, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) received three Outstanding Customer Engagement awards today from the Edison Electric Institute (EEI) and national key accounts customers.
  • This is the eighth time that AEP has received EEI's top award for providing multi-site customers with superior service.
  • EEI recognized AEP with a National Key Accounts Award for Outstanding Customer Engagement.
  • Additionally, Darren Kelsey, AEP national account executive, was honored with an individual National Key Accounts Award for Outstanding Customer Engagement.

AEP SIGNS AGREEMENT TO SELL NEW MEXICO SOLAR ASSETS

Retrieved on: 
Tuesday, December 26, 2023
American Electric Power, Hart–Scott–Rodino Antitrust Improvements Act, Regulation, Federal Energy Regulatory Commission, Mercury, Failure, Multimedia, Pandemic, Sale, Register, Soot, Investment, Terrorism, Wildfire, Electricity, Legislation, Particulates, ERCOT, NMRD, KeyBank, Insurance, Weather, Coal, PJM, SPP, PNM Resources, Carbon, Transport, Foley & Lardner, Nitrogen, AEP, Natural gas, Renewable energy

COLUMBUS, Ohio, Dec. 26, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has entered into an agreement to sell its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus).

Key Points: 
  • COLUMBUS, Ohio, Dec. 26, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has entered into an agreement to sell its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus).
  • AEP and PNM Resources, which also owns 50% of NMRD, plan to sell the portfolio of 15 solar projects totaling 625 megawatts (MW) to Exus for approximately $230 million subject to true-up adjustments at close.
  • The sale is expected to close in February 2024 and will not have a material impact on financial results.
  • AEP is investing $43 billion over the next five years to make the electric grid cleaner and more reliable.