American Electric Power

Iris Energy Increases Self-Mining Capacity From 2.0 EH/s to 5.5 EH/s

Retrieved on: 
Monday, February 13, 2023

The Company’s 180MW of data center capacity across British Columbia and Texas is expected to power 5.5 EH/s of high efficiency S19j Pro miners (29.5 J/TH) over the coming months.

Key Points: 
  • The Company’s 180MW of data center capacity across British Columbia and Texas is expected to power 5.5 EH/s of high efficiency S19j Pro miners (29.5 J/TH) over the coming months.
  • The Company is also considering options for the sale of surplus miners (above 5.5 EH/s of self-mining capacity) to re-invest in growth initiatives and/or corporate purposes.
  • The Company also expects energization of its 600MW site at Childress in the coming months, including completion of the first 20MW of data center capacity.
  • Iris Energy’s Co-Founder & Co-CEO, Daniel Roberts, said:
    “This is a significant milestone for Iris Energy.

Eaton Helps AEP Ohio Develop First Microgrid for City of Columbus to Support Resilient, Sustainable Water Infrastructure

Retrieved on: 
Tuesday, February 7, 2023

Intelligent power management company Eaton today announced it was awarded a contract to help AEP Ohio enhance the resilience and sustainability of critical water infrastructure in Columbus at the Tussing Water Booster Station.

Key Points: 
  • Intelligent power management company Eaton today announced it was awarded a contract to help AEP Ohio enhance the resilience and sustainability of critical water infrastructure in Columbus at the Tussing Water Booster Station.
  • The project will establish the city’s first renewable energy microgrid and extend Columbus’ ability to deliver safe and clean water during extended electric grid outages.
  • View the full release here: https://www.businesswire.com/news/home/20230206005645/en/
    Eaton helps AEP Ohio establish first microgrid in Columbus, Ohio to support more sustainable, resilient and affordable energy for water infrastructure.
  • It will also help AEP Ohio support sustainable demand response and balance the grid through intelligent voltage regulation.

AEP SCHEDULES LIVE WEBCAST OF QUARTERLY EARNINGS CALL

Retrieved on: 
Thursday, February 16, 2023

COLUMBUS, Ohio, Feb. 16, 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, Feb. 16, 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.

Leading Energy Companies Tap Fortress to Build and Operate Industry Repository To Identify and Remediate Critical Software Vulnerabilities

Retrieved on: 
Wednesday, February 8, 2023

ORLANDO, Fla., Feb. 8, 2023 /PRNewswire/ --The U.S. utilities industry is banding together to help suppliers identify and remediate vulnerabilities in software managing mission-critical applications for the U.S. energy industry. Several investor-owned utilities -- including American Electric Power and Avangrid Networks – today partnered with Fortress Information Security (Fortress) to launch the North America Energy Software Assurance Database (NAESAD) at the 2023 DistribuTECH Conference. NAESAD will provide the energy industry with a comprehensive Software Bill of Materials (SBOM) repository for every vendor.

Key Points: 
  • ORLANDO, Fla., Feb. 8, 2023 /PRNewswire/ --The U.S. utilities industry is banding together to help suppliers identify and remediate vulnerabilities in software managing mission-critical applications for the U.S. energy industry.
  • NAESAD will provide the energy industry with a comprehensive Software Bill of Materials (SBOM) repository for every vendor.
  • Over the past several years, SolarWinds and Log4J vulnerabilities have highlighted the need to have a fundamental accounting for every software component used within the energy industry.
  • In close collaboration with forward-looking software providers, the repository will enable utilities to identify, triage, and remediate the most impactful and destructive risks.

AEP Names Duncan Senior Vice President of Federal Affairs

Retrieved on: 
Monday, February 6, 2023

COLUMBUS, Ohio, Feb. 6, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Emily J. Duncan senior vice president, Federal Affairs, effective Feb. 13 working in the company's Washington D.C. office.

Key Points: 
  • COLUMBUS, Ohio, Feb. 6, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Emily J. Duncan senior vice president, Federal Affairs, effective Feb. 13 working in the company's Washington D.C. office.
  • Duncan will be responsible for managing AEP's relationships with federal government officials, members of Congress, various federal regulatory agencies and industry trade groups.
  • Kavanagh will serve as senior vice president, Washington Office until his retirement June 30.
  • Duncan will report to Raja Sundararajan, executive vice president, External Affairs.

AEP HONORED AS ONE OF FORTUNE'S WORLD'S MOST ADMIRED COMPANIES FOR 10th CONSECUTIVE YEAR

Retrieved on: 
Wednesday, February 1, 2023

COLUMBUS, Ohio, Feb. 1, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was included in Fortune magazine's 2023 World's Most Admired Companies list , which evaluates companies' financial performance and corporate reputation.

Key Points: 
  • COLUMBUS, Ohio, Feb. 1, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was included in Fortune magazine's 2023 World's Most Admired Companies list , which evaluates companies' financial performance and corporate reputation.
  • This is the 10th consecutive year the company is being recognized in the list's electric and gas utilities sector.
  • AEP was one of 645 companies from 27 countries surveyed for inclusion on this year's list.
  • "We've received this recognition for a decade, which speaks to our ability to execute and deliver value to our stakeholders.

AEP Names Burbure Vice President of FERC and RTO Strategy & Policy

Retrieved on: 
Wednesday, February 1, 2023

COLUMBUS, Ohio, Feb. 1, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Stacey Burbure vice president, FERC and RTO Strategy and Policy, effective Feb. 4.

Key Points: 
  • COLUMBUS, Ohio, Feb. 1, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Stacey Burbure vice president, FERC and RTO Strategy and Policy, effective Feb. 4.
  • Burbure replaces Amanda Conner, who now serves as chief of staff to Julie Sloat, AEP's president and chief executive officer.
  • Burbure, 43, most recently served as senior counsel, transmission policy and rates.
  • Prior to joining AEP in 2019, Burbure served as senior counsel, focusing on transmission issues, for an investor-owned utility.

AEP RECOGNIZED FOR GENDER EQUITY EFFORTS, INCLUDED IN BLOOMBERG GENDER-EQUALITY INDEX FOR FIFTH CONSECUTIVE YEAR

Retrieved on: 
Tuesday, January 31, 2023

This is the fifth consecutive year AEP has been included in the index.

Key Points: 
  • This is the fifth consecutive year AEP has been included in the index.
  • The GEI is a modified market capitalization-weighted index that tracks the performance of public companies committed to transparency in gender data reporting.
  • Scoring is based upon five metrics: female leadership and talent pipeline; equal pay and gender pay equity; inclusive culture; anti-sexual harassment policies; and pro-women brand.
  • AEP was included for scoring at or above a global threshold established by Bloomberg to reflect a high level of disclosure and overall performance across the framework's five pillars.

RINA enters US infrastructure market with acquisition of Patrick Engineering

Retrieved on: 
Monday, January 23, 2023

GENOA, Italy, Jan. 23, 2023 /PRNewswire/ -- RINA, the Inspection, Certification and Engineering consultancy multinational, has announced the acquisition of the entire share capital of Patrick Engineering Ltd., the Chicago-based engineering consultancy company active in Infrastructure, Transport and Renewable Energy.

Key Points: 
  • GENOA, Italy, Jan. 23, 2023 /PRNewswire/ -- RINA, the Inspection, Certification and Engineering consultancy multinational, has announced the acquisition of the entire share capital of Patrick Engineering Ltd., the Chicago-based engineering consultancy company active in Infrastructure, Transport and Renewable Energy.
  • With a turnover of approximately 82 million dollars and 340 employees in 19 offices mainly located in the North-East of the US, Patrick Engineering will be fully integrated into RINA Consulting, the subsidiary of the RINA Group operating in the engineering sector.
  • Ugo Salerno, Chairman and CEO at RINA, says: "The acquisition of Patrick Engineering and the combined expertise of the new organization represents a unique opportunity for expansion and growth in the thriving North American Infrastructure market.
  • Daniel Patrick Dietzler, Founder of Patrick Engineering, commented: "Our companies complement one another, and our clients and staff will benefit from this acquisition.

RINA enters US infrastructure market with acquisition of Patrick Engineering

Retrieved on: 
Monday, January 23, 2023

GENOA, Italy, Jan. 23, 2023 /PRNewswire/ -- RINA, the Inspection, Certification and Engineering consultancy multinational, has announced the acquisition of the entire share capital of Patrick Engineering Ltd., the Chicago-based engineering consultancy company active in Infrastructure, Transport and Renewable Energy.

Key Points: 
  • GENOA, Italy, Jan. 23, 2023 /PRNewswire/ -- RINA, the Inspection, Certification and Engineering consultancy multinational, has announced the acquisition of the entire share capital of Patrick Engineering Ltd., the Chicago-based engineering consultancy company active in Infrastructure, Transport and Renewable Energy.
  • With a turnover of approximately 82 million dollars and 340 employees in 19 offices mainly located in the North-East of the US, Patrick Engineering will be fully integrated into RINA Consulting, the subsidiary of the RINA Group operating in the engineering sector.
  • Ugo Salerno, Chairman and CEO at RINA, says: "The acquisition of Patrick Engineering and the combined expertise of the new organization represents a unique opportunity for expansion and growth in the thriving North American Infrastructure market.
  • Daniel Patrick Dietzler, Founder of Patrick Engineering, commented: "Our companies complement one another, and our clients and staff will benefit from this acquisition.