T&D, Renewables Drive AEP's $40 Billion 10-Year Capital Plan

October 6, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--American Electric Power Company Incorporated (NASDAQ:AEP) (AEP) (Columbus, Ohio) said Tuesday it plans to spend $40 billion on capital projects from 2023 through 2027, with $26 billion going toward its regulated transmission & distribution (T&D) business, and $9 billion for regulated renewable generation.

Industrial Info is tracking more than 300 active AEP projects valued at around $6.6 billion.