American Electric Power Co Inc - Company Profile
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American Electric Power Co Inc (AEP) is an energy holding utility. The company generates, transmits, and distributes electricity. It produces power using coal, lignite, natural gas, wind, solar, nuclear, and hydro sources. AEP builds smarter energy infrastructure and delivers new technologies and custom energy solutions. The company also has interests in various power plants under development. The company serves residential, commercial, industrial, and other retail customers, and wholesale customers in Arkansas, Louisiana, Texas, Oklahoma, Ohio, Kentucky, Michigan, Indiana, Tennessee, Virginia, and West Virginia. It also owns, develops, and operates large wind and solar projects throughout the US. AEP is headquartered in Columbus, Ohio, the US.
American Electric Power Co Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Products | Electricity Transmission and Distribution |
| Electricity | Operation and Maintenance |
| Wholesale Energy Supply: | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In November, the company entered into a partnership with Quanta Services for the design, engineering, procurement and construction of 765 kV and other high-voltage transmission facilities. |
| 2025 | Contracts/Agreements | In July, the company signed an agreement with Aspire Energy Express to build and operate an intrastate natural gas pipeline in central Ohio, the US. |
| 2025 | Stake Sale | In June, the company sold its 19.9% stake in its Ohio and Indiana and Michigan transmission companies to KKR and PSP Investments. |
Competitor Comparison
| Key Parameters | American Electric Power Co Inc | Duke Energy Corp | NextEra Energy Inc | Berkshire Hathaway Energy Co | PG&E Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Columbus | Charlotte | Juno Beach | Des Moines | Oakland |
| State/Province | Ohio | North Carolina | Florida | Iowa | California |
| No. of Employees | 17,581 | 26,413 | 17,400 | 23,800 | 10 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| William J. Fehrman | Chief Executive Officer; President; Director | Executive Board | 2024 | 64 |
| Trevor I. Mihalik | Executive Vice President; Chief Financial Officer | Executive Board | 2025 | 58 |
| Kate Sturgess | Senior Vice President; Chief Accounting Officer; Controller | Senior Management | 2023 | - |
| Kelly J. Ferneau | Chief Nuclear Officer; Executive Vice President | Senior Management | 2024 | 56 |
| Johannes Eckert | Chief Information and Technology Officer; Executive Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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