AEP

ConnectureDRX Opens New Channels for Value-Based Care Providers to Improve Member Health and Wellbeing

Retrieved on: 
Wednesday, September 6, 2023

Through new connections between providers, insurance agents and their members, value-based care provider organizations will be able to drive better patient outcomes, reduce costs by focusing on prevention, and empower members to proactively improve their own health.

Key Points: 
  • Through new connections between providers, insurance agents and their members, value-based care provider organizations will be able to drive better patient outcomes, reduce costs by focusing on prevention, and empower members to proactively improve their own health.
  • ConnectureDRX's value-based care partners include:
    CenterWell Senior Primary Care - Operating under the CenterWell and Conviva brands with nearly 260 centers in 12 states.
  • "CenterWell is driving value-based care forward with what seniors need – better access, better experiences tailored to seniors, and better care," says Vivek Garg, M.D., Chief Medical Officer for CenterWell Senior Primary Care.
  • Working with ConnectureDRX strengthens our efforts to improve patients' experiences and the affordability of their care."

AEP BOARD ELECTS SLOAT CHAIR, NAMES STODDARD BOARD MEMBER

Retrieved on: 
Monday, August 21, 2023

COLUMBUS, Ohio, Aug. 21, 2023 /PRNewswire/ -- The Board of Directors of American Electric Power (Nasdaq: AEP) has elected Julie Sloat chair of the Board, effective Oct. 2.

Key Points: 
  • COLUMBUS, Ohio, Aug. 21, 2023 /PRNewswire/ -- The Board of Directors of American Electric Power (Nasdaq: AEP) has elected Julie Sloat chair of the Board, effective Oct. 2.
  • In addition, Daniel G. "Dan" Stoddard, retired senior vice president, chief nuclear officer and president of Contracted Assets for Dominion Energy, has been elected to the Board.
  • "We thank him for his innumerable contributions to AEP, and we extend our sincerest congratulations as he transitions to his next chapter."
  • Sloat, 54, was named AEP president in August 2022 and became chief executive officer Jan. 1, 2023.

INVENERGY-LED CONSORTIUM COMPLETES PURCHASE OF AMERICAN ELECTRIC POWER'S UNREGULATED RENEWABLES PORTFOLIO

Retrieved on: 
Wednesday, August 16, 2023

CHICAGO, Aug. 16, 2023 /PRNewswire/ -- Invenergy, the leading privately held developer, owner, and operator of sustainable energy solutions, today announced IRG Acquisition Holdings (IRGAH), a partnership between Invenergy, CDPQ and funds managed by Blackstone Infrastructure Partners (Blackstone), has closed on the acquisition of American Electric Power's (AEP) 1,365-megawatt (MW) unregulated, contracted renewables portfolio for $1.5 billion enterprise value.

Key Points: 
  • "Invenergy has industry-leading operations and asset management capabilities, and we look forward to applying our unmatched expertise to this portfolio of projects."
  • The portfolio, the largest ever acquisition for American-led Invenergy, includes 14 projects in 11 states and is comprised of 1,200 MW of wind generation and 165 MW of solar projects.
  • The renewable power generated by these projects is contracted under long-term agreements with various utilities, corporations, and municipalities.
  • "We are excited to support this transaction with Invenergy and their partners in IRG Acquisition Holdings.

AEP COMPLETES SALE OF UNREGULATED RENEWABLES ASSETS

Retrieved on: 
Wednesday, August 16, 2023

"This sale is part of our strategy to streamline and de-risk the business and focus on our regulated operations," said Julie Sloat, AEP president and chief executive officer.

Key Points: 
  • "This sale is part of our strategy to streamline and de-risk the business and focus on our regulated operations," said Julie Sloat, AEP president and chief executive officer.
  • The sale portfolio includes 14 projects, representing 1,200 MW of wind and 165 MW of solar in 11 states.
  • J.P. Morgan served as lead financial advisor and Citigroup Global Markets served as financial advisor to AEP for this transaction.
  • AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide.

AEP RECOGNIZED AS ONE OF THE BEST COMPANIES TO WORK FOR

Retrieved on: 
Tuesday, August 1, 2023

COLUMBUS, Ohio, Aug. 1, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was named one of the 2023-2024 Best Companies to Work For by U.S. News & World Report.

Key Points: 
  • COLUMBUS, Ohio, Aug. 1, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was named one of the 2023-2024 Best Companies to Work For by U.S. News & World Report.
  • Only public companies in the Russell 1000 index as of June 2022 that had a minimum of 75 U.S.-based Glassdoor reviews in 2022 were considered.
  • The companies were then evaluated on their public data related to the metrics and selected based on the scores they received.
  • We're proud to be recognized as one of the best companies to work for in America and will continue to create a dynamic company culture that encourages collaboration, inclusion and growth."

AEP RECOGNIZED AS ONE OF AMERICA'S BEST EMPLOYERS FOR WOMEN

Retrieved on: 
Tuesday, July 25, 2023

COLUMBUS, Ohio, July 25, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was named in Forbes magazine's America's Best Employers for Women 2023 list for the fourth year in a row.

Key Points: 
  • COLUMBUS, Ohio, July 25, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was named in Forbes magazine's America's Best Employers for Women 2023 list for the fourth year in a row.
  • Female respondents were asked to rate their employers regarding parental leave, family support, discrimination and pay equity.
  • Respondents were also given the opportunity to recommend other employers based on their diversity efforts, as well as rank their own employer based on the share of women in executive roles.
  • AEP is recognized consistently for its focus on sustainability, community engagement, and diversity, equity and inclusion.

AEP SCHEDULES LIVE WEBCAST OF QUARTERLY EARNINGS CALL

Retrieved on: 
Monday, July 24, 2023

COLUMBUS, Ohio, July 24, 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, July 24, 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.

Shabodi Awarded by Frost & Sullivan for Enabling Businesses to Build High-performance and Secure Network-aware Applications That Reduce Operational Costs

Retrieved on: 
Wednesday, July 19, 2023

SAN ANTONIO, July 19, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the North American 5G enterprise application enablement industry and, based on its findings, recognizes Shabodi with the 2023 Enabling Technology Leadership Award. Shabodi capitalizes on 5G technology to enable developers to seamlessly build and customize applications with no core expertise in telecommunications networks.

Key Points: 
  • Shabodi capitalizes on 5G technology to enable developers to seamlessly build and customize applications with no core expertise in telecommunications networks.
  • The company connects cutting-edge applications and sophisticated advanced network infrastructures, providing an end-to-end, developer-friendly platform that enables businesses to fully monetize their 5G services and increase ROI through highly customized services.
  • Shabodi helps customers with its highly innovative application enablement platform (AEP), which addresses industry challenges by offering the ability to create tailor-made network services for various applications.
  • Furthermore, Shabodi continues to expand its technical capabilities by adding artificial intelligence (AI), robotics, and computer vision to its comprehensive portfolio.

Shabodi Awarded by Frost & Sullivan for Enabling Businesses to Build High-performance and Secure Network-aware Applications That Reduce Operational Costs

Retrieved on: 
Wednesday, July 19, 2023

SAN ANTONIO, July 19, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the North American 5G enterprise application enablement industry and, based on its findings, recognizes Shabodi with the 2023 Enabling Technology Leadership Award. Shabodi capitalizes on 5G technology to enable developers to seamlessly build and customize applications with no core expertise in telecommunications networks.

Key Points: 
  • Shabodi capitalizes on 5G technology to enable developers to seamlessly build and customize applications with no core expertise in telecommunications networks.
  • The company connects cutting-edge applications and sophisticated advanced network infrastructures, providing an end-to-end, developer-friendly platform that enables businesses to fully monetize their 5G services and increase ROI through highly customized services.
  • Shabodi helps customers with its highly innovative application enablement platform (AEP), which addresses industry challenges by offering the ability to create tailor-made network services for various applications.
  • Furthermore, Shabodi continues to expand its technical capabilities by adding artificial intelligence (AI), robotics, and computer vision to its comprehensive portfolio.

California Water Service Group Announces Election of Charles R. Patton to Board of Directors

Retrieved on: 
Wednesday, July 5, 2023

SAN JOSE, Calif., July 05, 2023 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) today announced the election of Charles R. Patton, 64, to the Group’s Board of Directors, effective July 1, 2023.

Key Points: 
  • SAN JOSE, Calif., July 05, 2023 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) today announced the election of Charles R. Patton, 64, to the Group’s Board of Directors, effective July 1, 2023.
  • Prior to his retirement in July 2022, Patton served as Executive Vice President, External Affairs, at American Electric Power Company, Inc. (AEP), which serves nearly 5.5 million customers across 11 states.
  • In this capacity, he was responsible for customer service, regulatory affairs, communications, and federal public policy.
  • “Charles will provide valuable insight to Group as we continue to strive for excellence in customer service, innovation in regulatory affairs, and mitigation of risks to the sustainability of our business,” he said.