American Electric Power stock last trades at USD 118.20 on September 28, 2026
Published on 09/28/2026 at 22:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
American Electric Power Company, Inc. (Nasdaq: AEP) last traded at USD 118.20 on September 28, 2026, down 0.13 percent. The quote was timestamped at 8:00:01 p.m. UTC.
Transmission funding
On September 24, 2026, AEP said federally supported projects in Ohio involve a total investment of approximately USD 216 million. The projects are intended to increase transmission capacity, improve power flows and strengthen reliability, according to AEP.
The work includes upgrades to sections of the 345-kilovolt Kammer-Muskingum Corridor and advanced conductors for the Beatty-Cole transmission system. AEP said the U.S. Department of Energy grant supporting the Ohio projects totals USD 107.95 million, matched by an approximately USD 107.95 million AEP investment, as reported by AEP.
Additional grid technology
AEP also said it was awarded USD 50 million through the DOE’s SPARK program to modernize communications and transmission monitoring. The initiative is planned to upgrade infrastructure at 527 locations and add approximately 265 miles of underground fiber-optic lines, according to AEP.
