AEP forecasts $77.94 billion in capital contributions for 2026-2030

• AEP lifted its 2026-2030 capital outlook to USD 77.94 billion, excluding AFUDC, in its 1Q26 subsidiary forecast update.
• Annual capital contributions projected at USD 12.84 billion in 2026, USD 14.3 billion in 2027, USD 17.92 billion in 2028.
• Spending expected to stay elevated at USD 17.24 billion in 2029, easing to USD 15.65 billion in 2030.
• Largest planned allocations: AEP Texas USD 16.8 billion total, AEP Transmission Holdco USD 12.86 billion, Indiana Michigan Power USD 11.81 billion.
• Capital plan framed around transmission buildout and advancing generation projects, with plan totals indicating USD 33 billion transmission, USD 24 billion generation, USD 17 billion distribution.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AEP - American Electric Power Company Inc. published the original content used to generate this news brief on August 14, 2026, and is solely responsible for the information contained therein.