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Invest in American Electric Power AEP
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About American Electric Power (AEP)
American Electric Power Co Inc. is a public utility holding company that engages in the business of generating, transmitting and distributing electricity. It operates through the following segments: Vertically Integrated Utilities, Transmission & Distribution Utilities, AEP Transmission Holdco and Generation & Marketing. The Vertically Integrated Utilities segment engages in the generation, transmission and distribution of electricity for sale to retail and wholesale customers through assets owned and operated by its subsidiaries. The Transmission & Distribution Utilities segment engages in the business of transmitting and distributing electricity for sale to retail and wholesale customers through assets owned and operated by its subsidiaries, while also purchasing energy and capacity at auction to serve standard service offer customers. The AEP Transmission Holdco segment engages in the development, construction and operation of transmission facilities through investments in its wholly-owned transmission subsidiaries and joint ventures. The Generation & Marketing segment engages in non-regulated generation and marketing, risk management and retail activities. The company was founded in 1906 and is headquartered in Columbus, OH.
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