KKR and PSP Investments have jointly acquired a 19.9% equity interest investment in AEP's Ohio and Indiana Michigan transmission companies. The transaction proceeds will be used to support AEP's five-year, $54 billion capital plan.
COLUMBUS, Ohio , May 20, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Douglas A. Cannon president of AEP Transmission, effective June 11.
AEP's unique asset mix, dominant transmission position, and FERC-regulated assets drive stable earnings and a compelling investment case despite regulatory diversity. Aggressive $54B capital plan through 2029, focuses on transmission and renewables, supports 6-8% annual EPS growth and continued dividend increases. Recent 19.9% Transmission Holdco sale at a premium boosts capital flexibility and reduces equity financing needs for future expansion.
![]() 0HEC 3 months ago | Other | $0.93 Per Share |
![]() 0HEC 6 months ago | Other | $0.93 Per Share |
![]() 0HEC 9 months ago | Other | $0.88 Per Share |
![]() 0HEC 9 May 2024 | Other | $0.88 Per Share |
![]() 0HEC 8 Feb 2024 | Other | $0.88 Per Share |
28 Jul 2025 (52 Days) Date | | - Cons. EPS | - EPS |
6 May 2025 Date | | - Cons. EPS | 1.5 EPS |
28 Apr 2025 Date | | - Cons. EPS | - EPS |
24 Feb 2025 Date | | - Cons. EPS | 1.25 EPS |
6 Nov 2024 Date | | - Cons. EPS | 1.8 EPS |
![]() 0HEC 3 months ago | Other | $0.93 Per Share |
![]() 0HEC 6 months ago | Other | $0.93 Per Share |
![]() 0HEC 9 months ago | Other | $0.88 Per Share |
![]() 0HEC 9 May 2024 | Other | $0.88 Per Share |
![]() 0HEC 8 Feb 2024 | Other | $0.88 Per Share |
28 Jul 2025 (52 Days) Date | | - Cons. EPS | - EPS |
6 May 2025 Date | | - Cons. EPS | 1.5 EPS |
28 Apr 2025 Date | | - Cons. EPS | - EPS |
24 Feb 2025 Date | | - Cons. EPS | 1.25 EPS |
6 Nov 2024 Date | | - Cons. EPS | 1.8 EPS |
Regulated Electric Industry | Utilities Sector | Mr. William J. Fehrman CEO | LSE Exchange | US0255371017 ISIN |
US Country | 16,330 Employees | - Last Dividend | - Last Split | 2 Jan 1970 IPO Date |
American Electric Power Company, Inc. (AEP) stands as a pivotal force in the electric utility sector within the United States. Established in 1906 and rooted in Columbus, Ohio, AEP operates as a publicly traded electric utility holding company. It has laid out its operational footprint through a spectrum of segments designed to harness, transmit, and distribute electricity. These segments include Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. Serving both retail and wholesale customers, AEP's expansive network and diversified energy sources enable it to play a critical role in the energy market.
AEP generates electricity through a variety of sources, signaling its commitment to both traditional and renewable energy. These sources span coal and lignite, natural gas, and nuclear, along with renewable sources such as hydro, solar, wind, and others. This diversified portfolio allows AEP to meet energy demands while transitioning towards more sustainable energy solutions.
The company’s extensive infrastructure for the transmission and distribution of electricity ensures reliability and accessibility for its retail and wholesale customers alike. AEP’s operational strategies and systems are designed to efficiently manage and distribute electric power across vast areas, underpinning the essential services that power daily life.
AEP also plays a significant role in the wholesale market, supplying and marketing electric power to other electric utility companies, rural electric cooperatives, municipalities, and various market participants. This aspect of AEP's operations facilitates the broader distribution of energy resources and supports the electricity supply chain at multiple levels.