AEP launches infrastructure unit to meet growing electricity demand
AEP•AEP created an infrastructure unit to invest in, build and operate energy infrastructure. It will evaluate generation acquisitions and pursue customer-backed development, including a 20-year agreement for a Google fuel cell facility in Wyoming.
1. New infrastructure business
AEP created a unit to invest in, build and operate energy infrastructure as electricity demand grows. It will evaluate generation acquisitions, including the proposed Longview Power Plant purchase, and pursue new generation backed by long-term customer contracts, as well as customer-owned transmission and distribution opportunities.
2. Google agreement
The unit’s plans include a 20-year agreement for a Google fuel cell facility in Wyoming.
