NasdaqGS:AEPElectric Utilities
Is AEP’s OVEC Restructuring And PJM Frustrations Altering The Investment Case For American Electric Power (AEP)?
In April 2026, the Federal Energy Regulatory Commission approved and, as of June 1, 2026, American Electric Power Company completed a multi-part transaction transferring Ohio Power Company’s OVEC power entitlement to AEP Generation Resources and its OVEC equity stake to American Electric Power Company, Inc. itself.
At the same time, American Electric Power’s criticism of PJM Interconnection’s performance and visibility as a key power supplier to AI data centers highlight both its importance...