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American Electric Power Company (AEP)

Stock (Energy Industry, Electric Utilities Industry)

AEP get regulatory approval to build new coal plant On March 25th, 2008, AEP's Southwestern Electric Power Company received regulatory approval to build a new, 600 MW coal plant in Arkansas. Shares rise as investors see it as unlikely that Arkansas or Louisiana will deny regulatory approval for the plant's efficiency and air quality standards. AEP subsidiary ordered to pay up to $347M in dispute A federal judge in New York has ruled that an American Electric Power Company Inc. subsidiary must pay as much as $347.3 million to settle a dispute with Bank of America over natural gas in a Houston pipeline system the bank owned as collateral. AEP 3Q Profit Rises 54 Percent COLUMBUS, Ohio (AP) - American Electric Power said Wednesday its third-quarter earnings rose 54 percent, helped by a warmer than normal summer that boosted energy usage.

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