May 17, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--American Electric Power Company Incorporated (NASDAQ:AEP) (AEP) (Columbus, Ohio) is bracing for a massive, long-term buildout across its service territory, as shifting population trends and the rapidly rising demand for data-center services will force it to find creative and heavy-duty solutions. The company offered a glimpse at its ambitious project slate, which includes hundreds of miles of new and reconstructed transmission line.

Industrial Info is tracking more than $11 billion worth of active and planned projects from AEP, about $2.7 billion of which is nearing or under construction. "Specific to load growth, the amount of service request is truly staggering and ranges between 10 to 15 gigawatts of incremental load by the end of the decade, in addition to many, many more gigawatts from hundreds of inquiries," said Ben Fowke, the interim chief executive officer of AEP, in a quarterly earnings-related conference call.

Other companies featured: Amazon.com Incorporated (NASDAQ:AMZN), Alphabet Incorporated (NASDAQ:GOOGL) and Basalt Infrastructure Partners LLC.