American Electric Power

Columbus – – October 19, 2026 -- American Electric Power (AEP) has signed a joint development agreement with X-energy to evaluate a 960-megawatt advanced nuclear project at a former coal plant site in Sullivan County, Indiana, with Amazon funding the development phase and intending to buy the output under a long-term contract.

Amazon would cover facility and operating costs for the length of its contract

Amazon is supporting development through a funding agreement. If the project reaches a final investment decision and proceeds to construction and commercial operation, Amazon plans to purchase the power and cover the costs of the facility and its operations for the contract term. AEP Chairman, President and CEO Bill Fehrman said the agreements with Amazon and X-energy provide the capital protections and financial safeguards AEP has called essential for any nuclear project to proceed.

Columbus – October 14, 2026 -- American Electric Power (Nasdaq: AEP) plans to invest approximately $4 billion in a 702-megawatt fuel cell generation project near Cheyenne, Wyoming, backed by a 20-year power purchase agreement (PPA) with Google.

AEP controls 92% of the project company, Basalt funds hold nearly 8%

Google will buy power from Cheyenne Fuel Cell, LLC. AEP owns and controls about 92% of the entity, and funds advised by Basalt Infrastructure Partners, LLP hold nearly 8%. AEP and its partners plan to start construction in 2026. The facility is expected to be fully operational by the end of 2028.

Menlo Park – October 13, 2026 -- Mainspring Energy has signed a sales agreement with American Electric Power (AEP) to supply up to 1.6 gigawatts (GW) of Mainspring Linear Generators through 2034, the largest linear generator procurement to date.

AEP orders first 190 MW tranche for delivery from 2027

AEP has already purchased an initial tranche of 190 megawatts (MW). Deliveries of that first batch begin in 2027, while the remaining capacity under the agreement would be supplied over the period to 2034.

AEP is one of North America's largest electric utilities.

Columbus – October 12, 2026 -- American Electric Power (Nasdaq: AEP) has launched a registered underwritten offering of $2.6 billion of common stock, structured around forward sale agreements with three banks.

BofA, Goldman Sachs and Morgan Stanley lead the underwriting

BofA Securities, Goldman Sachs & Co. LLC and Morgan Stanley are acting as joint book-running managers. Subject to certain conditions, the forward counterparties or their affiliates are expected to borrow all shares from third parties and sell them to the underwriters.

Columbus – – October 12, 2026 -- American Electric Power, acting for its subsidiary Southwestern Electric Power Company (SWEPCO), has opened a request for proposals to build, operate and maintain a natural gas pipeline lateral serving the Benton Unit 1 CCGT Natural Gas Project in Bossier Parish, Louisiana.

Gas Facilities will supply the plant's primary fuel

The scope covers the pipeline lateral and associated natural gas facilities, which the source collectively calls the "Gas Facilities." Once built, they will deliver natural gas as the primary fuel for the Benton Unit 1 combined-cycle plant.

Bidders must also offer mainline firm transportation capacity

The proposal package also seeks offers of mainline firm transportation capacity. Respondents can therefore pair physical construction and operation of the lateral with upstream capacity commitments.

Corpus Christi – October 12, 2026 -- AEP Texas, a subsidiary of American Electric Power (Nasdaq: AEP), has agreed to a loan of up to $3.26 billion from the U.S. Department of Energy's Office of Energy Dominance Financing, with projected customer savings of $685 million over 30 years.

The financing will fund a portfolio of nearly 100 projects aimed at improving grid reliability and supporting load growth in one of the fastest-growing regions in the United States.

AEP Texas plans work on about 2,800 miles of transmission lines

The utility intends to rebuild or reconductor existing transmission lines and build new ones, covering approximately 2,800 miles. The investment is projected to increase the capacity of existing transmission infrastructure and reduce power interruptions for customers.

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.

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.

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.

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.