AEP - M&A Summary and Business Overview

UtilitiesCompany

AEP M&A Summary

AEP has acquired 5 companies, including 1 in the last 5 years. It has also divested 4 assets.

AEP’s largest acquisition to date was in 2019, when it acquired Sempra Energy - U.S. Renewables Business for $1.1B. It’s largest disclosed sale occurred in 2016, when it sold American Electric Power - Four Competitive Power Plants to The Blackstone Group for $2.2B. AEP has acquired in 3 different US states. The Company’s most targeted sectors include utilities (60%) and energy services and equipment (20%).

AEP Business Overview

Where is AEP headquartered?

AEP is headquartered in Columbus, Ohio.

What is AEP’s revenue?

AEP disclosed revenue of 19,640M USD for 2022 and 16,792M USD for 2021.

How many employees does AEP have?

AEP has 16,974 employees.

What sector is AEP in?

AEP is an utilities company.

When was AEP founded?

AEP was founded in 1906.

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity5
    • M&A Sell Activity4
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 6
  • M&A Advisors 2

AEP

American Electric Power Co. Inc.

1 Riverside Plaza,
Columbus, Ohio 43215
United States,
(614) 716-1000
www.aep.com

AEP is a utility holding company. AEP owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation’s largest electricity transmission system, a more than 40,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP was founded in 1906 and is based in Columbus, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 5 - - - - - 5
vol $1.1B $1.1B
Sell (0.2/yr) # 3 - 1 - - - 4
vol $2.8B $2.8B
  9

Most Recent M&A

Company Date Value Type
American Electric Power Co. Inc. - Racine Hydro Plant 2021-02-09 - Divestiture
Columbus, Ohio
Sempra Energy - U.S. Renewables Business 2019-02-12 1.1B USD Divestiture
San Diego, California
American Electric Power - Four Competitive Power Plants 2016-09-14 2.2B USD Divestiture
, United States
AEP River Operations LLC 2015-10-01 550M USD Divestiture
St. Louis, Missouri · www.aepriverops.com
Sweeny Cogeneration LP 2007-08-21 80M USD Stake Sale
Houston,, Texas
Central and South West Corp. 2000-06-15 - Merger
Dallas, Texas · www.csw.com
Ohio Power Co. 1980-01-01 - Add-on Acquisition
Columbus,, Ohio
Appalachian Power Co. 1925-01-01 - Add-on Acquisition
Columbus,, Ohio · www.appalachianpower.com
Indiana Michigan Power Co. 1922-01-01 - Add-on Acquisition
Columbus, Ohio · www.indianamichiganpower.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Public Service Company of Oklahoma    - Oneta - 260 Megawatts 2012-09-26 1
Columbus, Ohio · www.psoklahoma.com , United States

M&A by Sector

Sector Buy # Value Sell # Value
Utilities 3 (60%) - 1 (25%) 80M (3%)
Renewable Energy 1 (20%) 1.1B (100%) 2 (50%) 2.2B (78%)
Energy Services and Equipment 1 (20%) - - -
Transportation - - 1 (25%) 550M (20%)
Total 5 $1.1B 4 $2.8B

By Geo

State/Country Buy Value Sell Value
United States 5 1.1B 4 2.8B
  Ohio 3 - 1 -
  Texas 1 - 1 80M
  California 1 1.1B - -
  Missouri - - 1 550M
Total 5 $1.1B 4 $2.8B

Top M&A Advisors

Financial Deals
Scotia Capital, Inc. (Scotiabank - Global Banking and Markets)
1
Legal Deals
Bryan Cave Leighton Paisner LLP
1

Deal Values

buy # Total
> $1B 1 $1.1B
TOTAL $1.1B
Largest Sempra Energy - U.S. Renewables Business
$1.1B (2019-02-12)
sell # Total
> $1B 1 $2.2B
$100M to $1B 1 $550M
< $100M 1 $80M
TOTAL $2.8B
Largest American Electric Power - Four Competitive Power Plants
$2.2B (2016-09-14)

M&A Connections

Deals
Acquired from
Strategic(s)
20%
1 (20%)
Divested to
Investor(s)
25%
1 (25%)
Strategic(s)
75%
3 (75%)

 Subscribe to unlock this and 201,688
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.