American Electric Power

Ribbon's IP Optical Solutions Selected by American Electric Power for Supply Chain Reliability and Enhanced Network Capabilities

Retrieved on: 
Thursday, February 8, 2024
IP, Carbon, AEP, American Electric Power, Optics, Enterprise, Safety

PLANO, Texas, Feb. 8, 2024 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that American Electric Power (AEP) which maintains and operates the nation's largest electricity transmission system, has added Ribbon's IP and Optical products as one of its solutions to continue providing the critical communications needs to support AEP's infrastructure.

Key Points: 
  • Today's utilities are required to digitize their assets, both in order to meet regulatory and security mandates, and to expand their offer with new services, reduced carbon emissions and improved maintenance, safety and security.
  • Ribbon's IP and Optical solutions, combined with a single management system, deliver field proven solutions to support and facilitate this transformation.
  • "AEP is a leader in the utilities sector, and its extensive network is a key part of our national infrastructure," said Dave Hogan, Vice President, Enterprise & Government Markets from Ribbon.
  • "We're pleased to provide them with the high quality, secure and reliable IP Optical solutions that fulfill their stringent requirements and timetables."

AEP Named One of America's Most JUST Companies for Fourth Consecutive Year

Retrieved on: 
Monday, February 5, 2024
Partnership, Multimedia, JUST, Growth, AEP, Research, Public opinion, Safety, Capital, American Electric Power, CNBC, Carbon, Health, Electricity, Management

COLUMBUS, Ohio, Feb. 5, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has been named to the JUST 100 list for the fourth year in a row.

Key Points: 
  • COLUMBUS, Ohio, Feb. 5, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has been named to the JUST 100 list for the fourth year in a row.
  • The JUST 100 identifies companies that set the standard in commitment to their stakeholders.
  • JUST Capital, in partnership with CNBC, assessed 937 of the nation's largest publicly traded companies across 20 stakeholder-focused issues identified through public opinion research.
  • Companies were evaluated on their performance in creating jobs; protecting worker health and safety; environmental sustainability and other metrics.

AEP Receives Top Customer Service Awards from EEI and Key Business Customers

Retrieved on: 
Monday, January 29, 2024
National accounts, AEP, Multimedia, Electricity, American Electric Power, EEI, Carbon, Walmart, Edison Electric Institute, Starbucks, Intel, Growth, Cryptocurrency

COLUMBUS, Ohio, Jan. 29, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) received three Outstanding Customer Engagement awards today from the Edison Electric Institute (EEI) and national key accounts customers.

Key Points: 
  • COLUMBUS, Ohio, Jan. 29, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) received three Outstanding Customer Engagement awards today from the Edison Electric Institute (EEI) and national key accounts customers.
  • This is the eighth time that AEP has received EEI's top award for providing multi-site customers with superior service.
  • EEI recognized AEP with a National Key Accounts Award for Outstanding Customer Engagement.
  • Additionally, Darren Kelsey, AEP national account executive, was honored with an individual National Key Accounts Award for Outstanding Customer Engagement.

AEP SIGNS AGREEMENT TO SELL NEW MEXICO SOLAR ASSETS

Retrieved on: 
Tuesday, December 26, 2023
American Electric Power, Hart–Scott–Rodino Antitrust Improvements Act, Regulation, Federal Energy Regulatory Commission, Mercury, Failure, Multimedia, Pandemic, Sale, Register, Soot, Investment, Terrorism, Wildfire, Electricity, Legislation, Particulates, ERCOT, NMRD, KeyBank, Insurance, Weather, Coal, PJM, SPP, PNM Resources, Carbon, Transport, Foley & Lardner, Nitrogen, AEP, Natural gas, Renewable energy

COLUMBUS, Ohio, Dec. 26, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has entered into an agreement to sell its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus).

Key Points: 
  • COLUMBUS, Ohio, Dec. 26, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has entered into an agreement to sell its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus).
  • AEP and PNM Resources, which also owns 50% of NMRD, plan to sell the portfolio of 15 solar projects totaling 625 megawatts (MW) to Exus for approximately $230 million subject to true-up adjustments at close.
  • The sale is expected to close in February 2024 and will not have a material impact on financial results.
  • AEP is investing $43 billion over the next five years to make the electric grid cleaner and more reliable.

State Leaders Join Dimension Renewable Energy to Celebrate Virginia’s First Shared Solar Projects

Retrieved on: 
Monday, November 20, 2023
Green Technology, Alternative Energy, Energy, Environment, Sustainability, Dominion Energy, Solar, Dimension, Delegate, Multimedia, House, Senate, CHP, Housing, The Virginians, American Electric Power, CCSA, Commonwealth, Legislation, Renewable energy, Dominion

View the full release here: https://www.businesswire.com/news/home/20231120611851/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231120611851/en/
    The project, called Waynesboro Bridge Solar, is one of 12 solar facilities developed, owned, and operated by Dimension that will be first to go live under the state’s shared solar program.
  • Unlike utility scale or rooftop solar, shared solar, or community solar, allows renters, small businesses, and homeowners who lack adequate roof space or cannot afford their own solar panels to subscribe to the shared solar facility, and lower their electric bills.
  • CHP is an affordable housing provider that partners with Dimension to offer “CHP Solar Savings,” a shared solar subscription available exclusively to their residents.
  • “Shared Solar is launching with the completion of these projects and the thousands of households they will serve, but we need legislative action to bring Shared Solar to more Virginians.

EMC Named a Top Energy Savings and Energy Efficiency Performer by Utility Providers Ameren Missouri and Appalachian Power

Retrieved on: 
Wednesday, December 13, 2023
Lighting, LED, EVSE, EMC, American Electric Power, Power, Wood drying, St. Louis, Ameren

MINNEAPOLIS, Dec. 13, 2023 /PRNewswire-PRWeb/ -- Turnkey Lighting + Technology provider EMC announced today that it has been recognized as a Top Energy Savings Performer by Ameren Missouri and a Top Energy Efficiency Performer by Appalachian Power. These awards honor EMC's outstanding work in completing energy-saving LED lighting and electrical projects for national high-profile customers in Missouri and Virginia.

Key Points: 
  • MINNEAPOLIS, Dec. 13, 2023 /PRNewswire-PRWeb/ -- Turnkey Lighting + Technology provider EMC announced today that it has been recognized as a Top Energy Savings Performer by Ameren Missouri and a Top Energy Efficiency Performer by Appalachian Power.
  • "We are honored to be recognized by Ameren Missouri and Appalachian Power as a Top Energy Performer...for the past 20 years, EMC has been dedicated to helping our clients achieve substantial energy savings."
  • -Jerry Johnson, EMC CEO and Chairman
    For the year 2022, Ameren Missouri has named EMC as a Top Energy Savings Performer for the fourth time.
  • "We are honored to be recognized by Ameren Missouri and Appalachian Power as a Top Energy Performer," said Jerry Johnson, CEO and Chairman of EMC.

WIRES Announces 2024 Officers and Board of Directors

Retrieved on: 
Tuesday, December 5, 2023
PSEG, Associate, GETS, Research, DLR, Regulation, American Electric Power, PPL Corporation, Public Service Enterprise Group, PJM, Weather, WIRES, FERC, Work, Burbure, DOE, AEP, Face, TFR, Electric power, Renewable energy, Public utility, Policy

WASHINGTON, Dec. 5, 2023 /PRNewswire/ -- WIRES, the transmission trade association that promotes investment in all aspects of the high-voltage grid, announced today its 2024 leadership team, with Jodi Moskowitz, Deputy General Counsel & RTO Strategy Officer at Public Service Enterprise Group (PSEG), elected as the new WIRES President. 

Key Points: 
  • I want to thank the WIRES 2023 Officers and Board of Directors for their tireless work, and I look forward to working closely with Jodi Moskowitz, the incoming WIRES president, and the entire 2024 leadership team."
  • WIRES' current president, Stacey Burbure will join the WIRES Board of Directors in 2024.
  • Current directors, Brian Gemmell and Dave Weaver have been elected to a second, two-year board term.
  • The WIRES Tech Talks webinar series features WIRES' rapidly growing roster of Associate Members discussing a variety of Grid Enhancing Technologies (GETs) and other advanced technology.

FirstEnergy Appoints Two Senior Executives to Accelerate Transformation into Premier Electric Utility

Retrieved on: 
Tuesday, November 21, 2023
American Electric Power, NYSE, Safety, Policy, Engineering, FirstEnergy, Puget Sound Energy, Regulatory affairs, Foreign policy, Telecommunications, Investment, Electricity, Multimedia, Texas Tech University, Health, Columbia Senior Executive Program, Business administration, Natural gas, University, Texas Tech University System, Abilene Christian University, Rose–Hulman Institute of Technology, PSE, Business, AEP, Master of Business Administration, Mechanical, Smith, FE, Customer experience, Management, Science

AKRON, Ohio, Nov. 21, 2023 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that Wade Smith has been named president, FirstEnergy Utilities, and Toby L. Thomas has been named chief operating officer of FirstEnergy, effective Dec. 18 and Nov. 30, respectively. The addition of these two senior executives is an important step in driving forward the company's transformation into a premier electric utility. Both leaders will report directly to President and Chief Executive Officer Brian X. Tierney.

Key Points: 
  • The addition of these two senior executives is an important step in driving forward the company's transformation into a premier electric utility.
  • As president, FirstEnergy Utilities, Smith will oversee the company's state businesses – Ohio, Pennsylvania, New Jersey and a combined West Virginia/Maryland division – as well as its stand-alone transmission companies.
  • Thomas joins FirstEnergy after more than two decades at American Electric Power (AEP), where he most recently served as senior vice president – AEP Energy Delivery.
  • In 2021, Smith joined Pacific Gas & Electric as senior vice president of Electric Operations, leading electric transmission and distribution system operations and maintenance, generation, and project management and construction teams for the company's electric operations.

Julie Sloat and Louis Pinkham Named to Jacobs Board of Directors

Retrieved on: 
Friday, November 10, 2023
Civic, Senior, Risk management, Risk, Jay Jacobs (executive), Analysis, Edison Electric Institute, Trustee, MBA, Commercial Club of Chicago, Bank One Corporation, Growth, Corporate finance, Government, Ohio State University, Regal Rexnord Corporation, Organization, Security (finance), Duke University, Chair, Multimedia, Female, Financial condition report, Result, AEP, MAPI, Molecular Omics, American Electric Power, Museum, Conversation, University, Management, Ray Jacobs Boarding School, Kellogg School of Management, NYSE, Trex Company, Inc., Annual report, Private sector, Eaton Corporation, City, COVID-19, Justice (store), Asian Infrastructure Investment Bank, Science, Engineering

DALLAS, Nov. 10, 2023 /PRNewswire/ -- Jacobs (NYSE: J) announced today the election of Julie Sloat and Louis Pinkham to its Board of Directors, effective December 1, 2023. With considerable experience across business, technology, manufacturing and energy transition, they bring to the board a proven track record of scaling ground-breaking products and services, developing organizations, and building cross-industry strategic partnerships.

Key Points: 
  • DALLAS, Nov. 10, 2023 /PRNewswire/ -- Jacobs (NYSE: J) announced today the election of Julie Sloat and Louis Pinkham to its Board of Directors, effective December 1, 2023.
  • She was previously responsible for all aspects of electric service for AEP Ohio's 1.5 million customers and leading 1,500 employees plus contract employees.
  • In addition to her AEP career, Sloat was vice president of Corporate Finance and Investor Relations at Tween Brands, Inc. and held positions at Bank One and M&T Bank.
  • Jacobs CEO Bob Pragada said, "As we increase our focus on critical infrastructure, sustainability and data-driven solutions, we are excited to welcome Julie Sloat and Louis Pinkham to Jacobs' Board of Directors."

AEP SCHEDULES LIVE WEBCAST OF QUARTERLY EARNINGS CALL

Retrieved on: 
Monday, October 30, 2023
American Electric Power, Carbon, Electricity, Indiana Michigan Power Center, AEP, Multimedia, Internet, Broadcasting, Renewable energy, Texas Panhandle

COLUMBUS, Ohio, Oct. 30, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m.

Key Points: 
  • COLUMBUS, Ohio, Oct. 30, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m.
  • The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call.
  • The call will be archived on http://www.aep.com/webcasts for use by those unable to listen to the live webcast.
  • AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide.