American Electric Power

IPO

Improving customers' lives with reliable, affordable power

Public · Columbus · Founded 1906 · $2.8B raised

Headquarters
Columbus, Ohio
Employees
10001+
Founded
1906
Business Model
B2B2C
Website
aep.com
Total Funding
$2.8B
Last Round
$2.8B Private EquityJan 2025
Rounds
1
Type
Public

About

American Electric Power (AEP) is one of the largest electric utilities in the United States, serving approximately 5.6 million customers across 11 states through its subsidiaries. The company operates the nation's largest electricity transmission network, spanning 40,000 miles, and generates about 32,000 megawatts of diverse electricity capacity. AEP is committed to delivering reliable, affordable power while transitioning to cleaner energy sources and investing in innovative infrastructure to support economic development across its service territories.

Summary

American Electric Power is an Energy company based in Columbus, founded in 1906. It has raised $2.8B in total across 1 round, most recently a $2.8B Private Equity round in Jan 2025. Investors include KKR and PSP Investments.

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Funding History

Private EquityPrivate EquityJan 2025
$2.8B

Investors

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