SOURCE: Industrial Info Resources

Industrial Info Resources

January 13, 2014 06:30 ET

AEP Plans Big Investments in Transmission Projects, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jan 13, 2014) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Investments in transmission projects, rather than generation or environmental remediation, will be the largest cluster of capital spending at American Electric Power Company (NYSE:AEP) (Columbus, Ohio) for the next several years. Nick Akins, AEP's president and chief executive, told attendees at the Edison Electric Institute's financial conference in late 2013 that AEP will invest about $4.5 billion in regulated transmission projects over 2014-16, chairman.

Other companies featured: Duke Energy Corporation (NYSE:DUK)

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