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Share Name | Share Symbol | Market | Type |
---|---|---|---|
American Electric Power Company Inc | NASDAQ:AEP | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.38 | -0.43% | 87.87 | 87.87 | 89.30 | 89.28 | 87.9501 | 89.00 | 3,332,413 | 01:00:00 |
COLUMBUS, Ohio, Sept. 2, 2021 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has been named one of the nation's Top Utilities in Economic Development by Site Selection magazine.
Site Selection annually evaluates utilities' corporate project investment and job creation on a cumulative and per-capita basis. AEP has been recognized on the list nine of the past 10 years.
"AEP is proud to be acknowledged again for strengthening the economies of the communities where we live and work," said Timothy Wells, vice president of Sales, Economic & Business Development, AEP. "Last year our team facilitated and supported 160 projects in AEP's service territory. We look forward to continuing this positive momentum as we work with our partners to support the creation of jobs, tax revenue and opportunity."
In 2020, AEP's economic and business development team helped attract more than $2.7 billion in capital investment and 10,870 new direct jobs in the company's 11-state territory. Highlights of AEP's work in 2020 include:
Learn more about AEP's economic development strategy.
American Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEP's approximately 16,800 employees operate and maintain the nation's largest electricity transmission system and more than 223,000 miles of distribution lines to safely deliver reliable and affordable power to 5.5 million regulated customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 30,000 megawatts of diverse generating capacity, including more than 5,600 megawatts of renewable energy. The company's plans include growing its renewable generation portfolio to approximately 50% of total capacity by 2030. AEP is on track to reach an 80% reduction in carbon dioxide emissions from 2000 levels by 2030 and has committed to achieving net zero by 2050. AEP is recognized consistently for its focus on sustainability, community engagement, and diversity, equity and inclusion. AEP's family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. For more information, visit aep.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/aep-recognized-as-a-top-utility-in-economic-development-301368595.html
SOURCE American Electric Power
Copyright 2021 PR Newswire
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