American Electric Power Grows in Eagle Ford, Marcellus, Utica Shales, Boosts Transmission Capex in Second-Quarter 2014

SUGAR LAND--July 28, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--American Electric Power (NYSE:AEP) (AEP) (Columbus, Ohio), one of the largest electric utilities in the U.S., reported solid companywide growth in second-quarter 2014. The company saw solid rate base growth and economic improvement in its service areas--particularly those near the Eagle Ford, Marcellus and Utica shales. AEP also saw strong growth in its transmission businesses, especially in Texas. Industrial Info is tracking $2.88 billion in active projects involving AEP.

Within this article: Details on AEP's quarter and projects, including environmental upgrades at a power station and a proposed, 96- to 100-mile power line in Texas.