On the Record · American Electric Power
American Electric Power acquisitions, on the record
The businesses American Electric Power bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Competitive Contracted Renewables PortfolioWord for word“In August 2023, AEP completed the sale of the entire portfolio to the nonaffiliated party and received cash proceeds of approximately $1.2 billion, net of taxes and transaction costs.” 10-K for 2023 | divestiture | In August 2023, AEP completed the sale of the entire portfolio to the nonaffiliated party | approximately $1.2 billion, net of taxes and transaction costs |
Kentucky OperationsWord for word“In April 2023, AEP, AEPTCo and Liberty entered into a Mutual Termination Agreement (Termination Agreement) terminating the SPA.” 10-K for 2023 | divestiture | In April 2023 | — |
AEP Energy and AEP Onsite PartnersWord for word“In April 2023, AEP initiated a sales process for its ownership in AEP Energy and AEP Onsite Partners.” 10-K for 2023 | agreed divestiture | In April 2023, AEP initiated a sales process for its ownership in AEP Energy and AEP Onsite Partners. | — |
Sempra Renewables LLC (renamed AEP Wind Holdings LLC)Word for word“AEP Wind Holdings, LLC Acquired in April 2019 as Sempra Renewables LLC, develops, owns and operates, or holds interests in, wind generation facilities in the United States.” 10-K for 2023 | acquisition | Acquired in April 2019 | — |
Sundance (North Central Wind Energy Facilities)Word for word“Sundance, acquired in April 2021 as part of the North Central Wind Energy Facilities, consists of 199 MWs of wind generation in Oklahoma.” 10-K for 2023 | acquisition | acquired in April 2021 | — |
Traverse (North Central Wind Energy Facilities)Word for word“Traverse, part of the North Central Wind Energy Facilities, consists of 998 MWs of wind generation in Oklahoma.” 10-K for 2023 | acquisition | — | — |
Rock Falls Wind FacilityWord for word“A $1.1 billion decrease due to the 2022 acquisition of Traverse, partially offset by the 2023 acquisition of the Rock Falls Wind Facility.” 10-K for 2023 | acquisition | 2023 | — |
OHTCo and IMTCoWord for word“In January 2025, AEP announced a partnership between nonaffiliated entities to acquire a 19.9% noncontrolling interest in OHTCo and IMTCo for $2.82 billion.” 10-K for 2024 | agreed acquisition | In January 2025 | $2.82 billion |
Diversion Wind Energy, LLC (Diversion wind farm)Word for word“In December 2024, SWEPCo acquired 100% of the equity interests in Diversion Wind Energy, LLC, the owner of Diversion wind farm.” 10-K for 2024 | acquisition | In December 2024 | — |
AEP OnSite PartnersWord for word“Renewable Generation decreased $69 million primarily due to the sale of the competitive contracted renewables portfolio in August 2023 and the sale of Onsite Partners in September 2024.” 10-K for 2024 | divestiture | in September 2024 | — |
Natural gas combined-cycle generation facility in Oklahoma (795 MW)Word for word“In June 2024, PSO entered into a PSA to acquire a 795 MW combined-cycle power generation facility located in Oklahoma.” 10-K for 2024 | agreed acquisition | In June 2024 | — |
Sempra Renewables LLC (AEP Wind Holdings, LLC)Word for word“AEP Wind Holdings, LLC Acquired in April 2019 as Sempra Renewables LLC, develops, owns and operates, or holds interests in, wind generation facilities in the United States.” 10-K for 2024 | acquisition | April 2019 | — |
Green Country Power PlantWord for word“While nominal year-over-year natural gas consumption increases were experienced across AEP’s operating companies, the main consumption increase driver was related to the Green Country Power Plant, which was acquired by PSO on June 30, 2025.” 10-K for 2025 | acquisition | June 30, 2025 | — |
Oregon Generation PlantWord for word“I&M expects to close on the transaction in the first quarter of 2026.” 10-K for 2025 | agreed acquisition | first quarter of 2026 | — |
solid oxide fuel cells for a fuel cell generation facility near Cheyenne, WyomingWord for word“In January 2026, under the existing option to acquire additional fuel cells, an unregulated AEP subsidiary entered into an agreement to acquire solid oxide fuel cells for approximately $2.65 billion to develop a fuel cell generation facility near Cheyenne, Wyoming.” 10-K for 2025 | agreed acquisition | In January 2026 | approximately $2.65 billion |
Deal filings since 2016
- 2026-05-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-06-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-03-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-01-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-02-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-04-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-09-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-08-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-03-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-02-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-09-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from American Electric Power’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.