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 5 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 18,982M USD for 2023 and 19,640M USD for 2022.

How many employees does AEP have?

AEP has 16,800 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 Activity10
    • M&A Buy Activity5
    • M&A Sell Activity5
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 7
  • M&A Advisors 4

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 owns 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 (0.4/yr) # 3 - 1 - - 1 5
vol $2.8B $315M $3.1B
  10

Most Recent M&A

Company Date Value Type
AEP OnSite Partners 2024-05-13 315M USD Divestiture
Columbus, Ohio · www.aeponsitepartners.com
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%) - 2 (40%) 395M (13%)
Renewable Energy 1 (20%) 1.1B (100%) 2 (40%) 2.2B (70%)
Energy Services and Equipment 1 (20%) - - -
Transportation - - 1 (20%) 550M (18%)
Total 5 $1.1B 5 $3.1B

By Geo

State/Country Buy Value Sell Value
United States 5 1.1B 5 3.1B
  Ohio 3 - 2 315M
  Texas 1 - 1 80M
  California 1 1.1B - -
  Missouri - - 1 550M
Total 5 $1.1B 5 $3.1B

Top M&A Advisors

Financial Deals
Scotia Capital, Inc. (Scotiabank - Global Banking and Markets)
 1
RBC Capital Markets
 1
Legal Deals
Morgan Lewis
 1
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 2 $865M
< $100M 1 $80M
TOTAL $3.1B
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)
40%
2 (40%)
Strategic(s)
60%
3 (60%)

Company Summary

SECTOR

Utilities

Revenue

18,982   4% 2023
19,640   17% 2022
16,792   13% 2021
14,919   5% 2020
15,561   4% 2019
16,196   5% 2018
15,425   6% 2017
16,380   1% 2016
16,453   4% 2015
17,020   15% 2014
14,813   1% 2013
14,945   2012
(millions of USD) Show More Show Less

Employees

16,800

Established

1906

Public

NASDAQ: AEP

 Subscribe to unlock this and 207,673
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
1 Week Free Trial Learn 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
  • 4.6K Private Equity Firms
  • 200K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for AEP

Ohio Companies , Utilities Companies , United States Companies , Ohio Utilities Companies , Ohio Utilities with Acquisitions , Ohio Utilities with Divestitures

Related Lists for Ohio Companies

Largest Ohio Companies , Acquisitive Ohio Companies , Recently Acquired Ohio Companies , Recently Sold Ohio Companies , Private Ohio Companies , Public Ohio Companies , Acquired Ohio Companies , PE Backed Ohio Companies

Related Lists for Utilities Companies

Largest Utilities Companies , Acquisitive Utilities Companies , Recently Acquired Utilities Companies , Recently Sold Utilities Companies , Private Utilities Companies , Public Utilities Companies , Acquired Utilities Companies , PE Backed Utilities Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal