AEP

July 10, 2026

AEP's 2024 commitment alone covers up to 1 GW of Bloom fuel cells.

July 9, 2026

The Department of Energy finalized a $3.26 billion loan to AEP's Texas subsidiary covering roughly 100 projects across 2,800 miles of transmission, expected to double the state's power-carrying capacity.

June 17, 2026

Behind-the-meter is scaling fast too: Bloom Energy's solid oxide fuel cells carry a 90-day deployment timeline, and AEP's unregulated subsidiary signed a $2.65 billion agreement, exercising its option for an additional 900 MW earlier this month.

June 5, 2026

AEP has threatened to exit, Pennsylvania has threatened to withdraw, and Talen just cleared FERC and Indiana approvals to close its $3.45 billion buy of 2.6 GW of gas generation across Lawrenceburg, Waterford, and Darby, positioning owned baseload for hyperscale offtake in western PJM.

May 15, 2026

AEP separately projects doubling to 63 GW by 2030, with Ohio and Texas accounting for 53 GW of new load.

May 9, 2026

AEP CEO Bill Fehrman told Q1 2026 investors the utility plans to nearly double generation to 63 GW by 2030, with datacenters driving 90% of growth and 53 GW of the total landing in Texas and Ohio.

May 7, 2026

Hut 8 commercialized the first phase of Beacon Point in Nueces County with a 15-year, 352 MW IT lease worth $9.8 billion base-term, anchored by an interconnection agreement for 1,000 MW of utility capacity with AEP, energization expected Q1 2027.

May 6, 2026

The deal anchors Texas as the proving ground for the power-first, tenant-flexible development model: AEP on power, Vertiv on critical systems, Jacobs on EPCM, with initial energization targeted Q1 2027.

March 5, 2026

KKR and PSP Investments put $2.82 billion into AEP's Ohio and Indiana Michigan transmission companies in June 2025.