Add-on Acquisition • Utilities

AEP Acquires Ohio Power Co.

On January 1, 1980, AEP acquired utilities company Ohio Power Co.

Acquisition Context
  • This is AEP’s 3rd transaction in the Utilities sector.
  • This is AEP’s 3rd transaction in the United States.
  • This is AEP’s 3rd transaction in Ohio.

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M&A Deal Summary

Date January 1, 1980
Target Ohio Power Co.
Sector Utilities
Buyer(s) AEP
Deal Type Add-on Acquisition

Target Company

Ohio Power Co.

Columbus,, Ohio, United States
Ohio Power Co.engaged in the transmission and distribution of electric power in Ohio. It serves approximately 1,464,000 retail customers.
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Buyer Overview 1

Buyer

AEP

Columbus, Ohio, United States

Category Company
Founded 1906
Sector Utilities
Employees16,330
Revenue 19.7B USD (2024)
DESCRIPTION

AEP is a utility holding company. AEP owns nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns 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.


Deal Context for Buyer #
Overall 3 of 5
Sector: Utilities 3 of 3
Type: Add-on Acquisition 3 of 3
State: Ohio 3 of 3
Country: United States 3 of 5
Year: 1980 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1925-01-01 Appalachian Power Co.

Columbus,, Ohio, United States

Appalachian Power Co. engages in the electric power distribution, company owns 7,885 megawatts of generating capacity; and serves approximately 960,000 retail customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-06-15 Central and South West

Dallas, Texas, United States

Central and South West Corp. is a global, diversified public utility holding company based in Dallas. CSW owns four electric operating subsidiaries serving 1.7 million customers in Texas, Oklahoma, Louisiana and Arkansas; a regional electricity company in the United Kingdom; other international energy operations and non-utility subsidiaries involved in energy-related investments, telecommunications, energy efficiency and financial transactions.

Buy -