AEP Sells Four Plants, to Reinvest $17 Billion, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 11/02/16 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Consistently weak natural gas prices have translated to lower services for American Electric Power Company (AEP) (NYSE:AEP) (Columbus, Ohio), which serves about 5.4 million customers across 11 states. Two other factors led to lower quarterly results for the company: a warmer-than-expected winter, which reduced demand for heat, and $2.3 billion in impairment charges linked to power plants in and near Ohio. Industrial Info is tracking $1.82 billion in active projects involving AEP.
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Datum: 02.11.2016 - 06:30 Uhr
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News-ID 1467361
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