American Electric Power Co., Inc.
American Electric Power Co., Inc. engages in the business of generation, transmission and distribution of electricity. It operates through following segments: Utility Operations, Transmission Operations, AEP River Operations, and Generation and Marketing. The Utility Operations segment generates electricity for sale to U.S. retail and wholesale customers. It engages in transmission and distribution of electricity through assets owned and operated by its utility operating companies. The Transmission Operations segment involves in the development, construction and operation of transmission facilities through investments in its wholly-owned transmission subsidiaries and transmission joint ventures. The AEP River Operations segment transports coal and dry bulk commodities primarily on the Ohio, Illinois and lower Mississippi rivers. The Generation and Marketing segment consists of nonutility generating assets, a wholesale energy trading and marketing business and a retail supply and energy management business. American Electric Power was founded on December 20, 1906 and is headquartered in Columbus, OH.