AEP Ranks Top Three Among Electric Utilities in TIME Best Companies

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AEP Ranks Top Three Among Electric Utilities in TIME Best Companies

Columbus – October 12, 2026 -- American Electric Power (Nasdaq: AEP) placed in the top three among electric utilities for both employee satisfaction and financial performance in TIME's America's Best Companies 2026 list.

TIME and Statista build ranking on three measures

TIME partnered with Statista to compile the list, which scores companies on employee satisfaction, financial performance and sustainability. The employee component draws on survey feedback from more than 200,000 employees at companies in the United States.

The financial component uses multi-year results rather than a single reporting period. The sustainability component applies standardized metrics covering environmental, social and governance performance.

AEP Declares 95-Cent Quarterly Dividend, Payable Sept. 10

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AEP Declares 95-Cent Quarterly Dividend, Payable Sept. 10

Columbus – October 12, 2026 -- American Electric Power (Nasdaq: AEP) has declared a regular quarterly cash dividend of 95 cents per share on its common stock, the company's board of directors announced.

AEP sets Sept. 10, 2026 payment date for the 95-cent dividend

The dividend is payable on Sept. 10, 2026, to shareholders of record as of Aug. 10, 2026.

The board described the payout as a regular quarterly dividend. The announcement did not mention any change to the amount or the schedule.

I&M Seeks Approval for 1,520 MW Gas Plant at Rockport, Indiana

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I&M Seeks Approval for 1,520 MW Gas Plant at Rockport, Indiana

Fort Wayne – October 12, 2026 -- Indiana Michigan Power (I&M) has asked the Indiana Utility Regulatory Commission (IURC) to approve a 1,520 megawatt (MW) natural gas combined cycle plant at its Rockport site, one of the largest utility construction projects in Indiana.

I&M expects power demand in its Indiana service area to more than double by the early 2030s. The new Rockport Energy Center is meant to add generation capacity to meet that load.

I&M targets summer 2030 start-up, with an IURC ruling expected in early 2027

I&M filed for a certificate of public convenience and necessity (CPCN). The filing details the construction timeline, the allocation of construction and operating costs, regional transmission capacity and environmental factors.

The company anticipates an IURC decision in early 2027. Construction would begin in 2027, and the plant is expected to be operational in summer 2030.

AEP Elects Marriott, Equinix Chairmen to Board Amid Demand Surge

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AEP Elects Marriott, Equinix Chairmen to Board Amid Demand Surge

Columbus – October 12, 2026 -- American Electric Power (Nasdaq: AEP) has elected Marriott International Chairman David Marriott and Equinix Executive Chairman Charles Meyers to its Board of Directors, effective July 20, bringing the board to 12 directors, 11 of them independent.

AEP adds data center and hospitality operating experience as it invests to meet unprecedented energy demand

AEP said the two appointees will provide insight as it invests to meet unprecedented energy demand while maintaining its focus on reliability and affordability. Chairman, President and CEO Bill Fehrman said their experience aligns directly with AEP's strategy to meet growing demand, deliver reliable, affordable power and create long-term value for shareholders.

AEP Raises 2026 Earnings Guidance as Contracted Load Hits 69 GW

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AEP Raises 2026 Earnings Guidance as Contracted Load Hits 69 GW

Columbus, Ohio – October 12, 2026 -- American Electric Power (Nasdaq: AEP) raised its full-year 2026 operating earnings guidance to $6.25 to $6.55 per share from $6.15 to $6.45, after signing an incremental 6 GW of load agreements in the second quarter and lifting contracted load growth through 2030 to 69 GW.

Second-quarter GAAP earnings fell to $713 million, or $1.31 per share, from $1,226 million, or $2.29 per share, a year earlier. Operating earnings were $742 million, or $1.36 per share, versus $766 million, or $1.43 per share, in the second quarter of 2025. CEO Bill Fehrman attributed the year-over-year decline to the 2025 transmission minority interest sale and the timing of tax-related items.

Kentucky Power, TeraWulf Double Data Campus Demand to 1 GW

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Kentucky Power, TeraWulf Double Data Campus Demand to 1 GW

Ashland – October 12, 2026 -- Kentucky Power has finalized an amended agreement with TeraWulf Inc. that would double contracted electric demand at TeraWulf's Muskie Data campus in Grayson, Kentucky, from 500 megawatts (MW) to 1 gigawatt (GW). The deal includes $100 million in TeraWulf-funded winter bill credits for residential customers, pending approval by the Kentucky Public Service Commission.

TeraWulf funds $100 million in residential winter credits over 10 years

The credits would run over the first 10 years of the contract and begin in 2029. For a typical residential customer, they could amount to about $25 per month during the winter heating season.

Toyota Donates $75,000 to Music Will, Puts Students on Festival Stages

Plano, Texas – October 12, 2026 -- Toyota has donated $75,000 to Music Will, the largest nonprofit music education program in the United States, as the two organizations enter the second year of their partnership under the Driving Music Forward initiative.

Donation funds instruments and resources in communities tied to Toyota's music activations

The $75,000 will support music education programs in communities connected to Music Will and Toyota's music activations. Funds are intended to give students access to instruments, resources and opportunities to develop their talents.

Driving Music Forward combines Toyota's music platform, nonprofit partnerships and festival activations into a single community-impact effort focused on music education and emerging artists.

Toyota's Akio Toyoda Inducted Into Automotive Hall of Fame

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Toyota's Akio Toyoda Inducted Into Automotive Hall of Fame

Detroit – October 12, 2026 -- Akio Toyoda, chairman of the board of Toyota Motor Corporation (TMC), became the fourth member of the Toyoda family inducted into the Automotive Hall of Fame, in a ceremony held in Detroit.

The Hall of Fame recognizes leaders, innovators and visionaries whose work has shaped the global automotive and mobility industry. Toyoda joins his grandfather Kiichiro, his father Shoichiro, and Eiji Toyoda, his grandfather's cousin. Taiichi Ohno, widely regarded as the father of the Toyota Production System, is also among Toyota's honorees.

Toyoda took TMC's presidency in 2009 during a difficult period

Toyoda became president of TMC in 2009, assuming leadership during one of the most challenging periods in the company's history. He led efforts to strengthen quality controls, rebuild trust in the Toyota brand and reinforce the company's business foundation.

Toyota West Virginia Hits 30 Years With $3.3B Plant, 2,000+ Jobs

Buffalo, W.Va. – October 12, 2026 -- Toyota West Virginia has marked 30 years of operations at a plant representing a $3.3 billion investment and employing more than 2,000 people, and the facility is busier than ever, according to its president.

Buffalo plant supplies engines and drivetrain components across North America

The Putnam County facility assembles both engines and drivetrain components for Toyota's North American operations. It is the only Toyota plant in North America that assembles hybrid transaxles.

President David Rosier said the plant has grown as Senator Jay Rockefeller predicted at the groundbreaking, crediting the workforce for the result and describing the plant as busier than ever.

IONNA Passes 180 Live Charging Sites, Doubling Network in 2026

Durham, N.C. – October 12, 2026 -- IONNA, the charging network founded by eight automakers including Toyota, has surpassed 180 live charging sites across the United States, more than doubling its footprint since the start of 2026.

IONNA tops J.D. Power ranking among DC fast chargers in first eligible year

The network took the top ranking among DC fast chargers in the J.D. Power 2026 U.S. Electric Vehicle Experience (EVX) Public Charging Study in its first year of eligibility. IONNA says its growth is built on coverage, reliability and amenities.

Circle K partnership delivers 40 live charging locations since April

Since announcing its strategic partnership with Circle K earlier this year, IONNA has brought 40 Circle K charging locations online. The sites extend the network into one of America's largest convenience retail networks.