AEP Transmission upgrades launch major Oklahoma rebuild cycle AEP Transmission Co. obtained a $1.6 billion loan guarantee in October from the U.S. Department of Energy’s Loan Programs Office to upgrade nearly 5,000 miles of transmission lines in five states, including Oklahoma. Additionally, Oklahoma Energy analysts note this marks one of the most aggressive federally-backed infrastructure …
Tag: AEP
AEP files Oklahoma request for $260M transmission rebuild
AEP transmission rebuild filing American Electric Power (AEP) recently started the formal request process seeking Oklahoma Corporation Commission approval of its proposed $260 million project to improve an electric transmission line from Lawton to west of Ardmore in southern Oklahoma.Additionally, Oklahoma Energy infrastructure expansion remains a core grid modernization focus statewide. At the same time, …
AEP Capital Expenditure Surge Driven by Oklahoma Demand
Why AEP capital expenditure is rising now A rapid upswing in Oklahoma energy demand drives timing and scale. Companies add load quickly, and grid planners must respond. Therefore, AEP capital expenditure grows aggressively to meet firm contracts and expected large-load arrivals. In addition, industrial electrification, AI compute, EV charging, and data centers keep stacking new …
Energy Brief: US Grid Spend, Nuclear Shift, PJM Priorities
American Electric Power Expands Grid Spending in $72B Plan Energy Brief highlights major utility capital expansion. AEP increased its five-year capex plan 33% to $72 billion as power demand grows across multiple states. Company leaders said new spending targets long-term grid infrastructure reinforcement, capacity additions, and modernization for reliability. Executives emphasized major investment will be …
FERC Urged to Reject Blackstone’s New Mexico Energy Takeover
Environmental Advocates Challenge Blackstone’s Energy Acquisition A major battle is brewing over Blackstone’s attempt to acquire control of New Mexico’s largest public utility, the Public Service Company of New Mexico. The Center for Biological Diversity, a national environmental organization, has formally urged the Federal Energy Regulatory Commission (FERC) to reject the private equity giant’s application. …
Dividend declared by PSO’s parent company, AEP
AEP Declares Higher Dividend for Shareholders The parent company to Public Service Company of Oklahoma, American Electric Power, headquartered in Ohio, declared a 95-cent-per-share quarterly cash dividend. The announcement confirmed the company’s commitment to consistent shareholder returns and reliable customer service across multiple states, including Oklahoma. The dividend represented an increase of two cents per …
AEP to Rebuild $260 Million Oklahoma Transmission Line
Aging Lines to Be Replaced with Modern Lattice Towers AEP’s Oklahoma rebuild replaces 40-year-old wooden poles with new BOLD lattice towers, each standing 110 to 165 feet high. Approximately 380 towers will be installed along the Lawton East Side to Sunnyside transmission corridor. AEP officials emphasized that the upgrade is not tied to a specific …