AEP raises capex plan 30% to $100B, citing 84 GW in contracted large loads

American Electric Power lifted its investment program by $23 billion on surging demand from data centers and other large industrial customers, with a single Ohio facility accounting for 10.4 GW of its 22% jump in contracted load.

First covered Oct 29, 2026 · 8:05 AM PT · 1 article · no longer in the live window

Coverage

12d Utility Dive AEP increases investment plan 30% to $100B on gen, transmission spending — American Electric Power’s contracted large loads jumped 22% to 84 GW, mainly on a 10.4-GW data center in Ohio being developed by SB Energy, company officials…

More coverage from around the web

tradingview.com AEP: A $100B investment plan and 84 GW contracted load underpin 9%-11% EPS growth guidance — TradingView News

fool.com AEP Q3 2026 Earnings Call Transcript

sec.gov AMERICAN ELECTRIC POWER CO INC - Form 8-K - FY2026

kucoin.com AEP Unveils $100B Investment Plan, Forecasts Tripled Electricity Demand by 2031

benzinga.com American Electric Power CEO Sees Once-In-A-Generation Opportunity in Electricity Demand - American Electr - Benzinga

Appeared in: 2026-10-29 (#3) · 2026-10-30 (#4)

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