AEP Texas

About AEP Texas

American Electric Power (AEP) is committed to improving the lives of over 5 million customers across 11 states with reliable and affordable power. The company focuses on sustainable growth, steady dividends, and building the energy system of the future while supporting community development and business growth.

Products & Services

Electric Power Services:Providing reliable and affordable electricity to over 5 million customers across 11 states through regulated operating companies like AEP Ohio, AEP Texas, and others.

Economic Development Support:Assisting businesses with site selection, energy expertise, and solutions to support growth and investment in AEP's service territory.

Energy Solutions for Businesses:Offering exceptional customer service and tailored energy solutions to businesses across the 11-state territory.

AEP Energy and AEP Energy Partners:Specialized energy services and solutions for various customer needs.

Specialties

Electric Power Transmission and Distribution Sustainable Energy Solutions Economic Development and Business Energy Support Grid Reliability and Innovation

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 1600000000 MR: - FA: $1.6 billion FAN: 1600000000	D: 2025-10-16 FD: 2025-10-16	1 investors
2	RT: Equity Investment T: - FT: Equity Investment	A: 2820000000 MR: - FA: $2.82 billion FAN: 2820000000	D: 2025-06-05 FD: 2025-06-05	2 investors
3	RT: Public Offering T: - FT: Public Offering	A: 2000000000 MR: - FA: 2,000,000,000 FAN: 2000000000	D: 2025-03-24 FD: 2025-03-24	2 investors
4	RT: Equity Offering T: - FT: Equity Offering	A: 2000000088 MR: - FA: 19,607,844 shares at $102.00 per share FAN: 2000000088	D: 2025-03-24 FD: 2025-03-24	12 investors
5	RT: Grant T: - FT: Grant	A: 50000000 MR: - FA: Seeking $50 million and $35 million in grants FAN: 50000000	D: 2025-01-17 FD: 2025-01-17	3 investors
6	RT: Equity Investment T: - FT: Equity Investment	A: 2820000000 MR: - FA: $2.82 billion FAN: 2820000000	D: 2025-01-09 FD: 2025-01-09	2 investors
7	RT: Minority Stake Acquisition T: - FT: Minority Stake Acquisition	A: 2820000000 MR: - FA: $2.82 billion FAN: 2820000000	D: 2025-01-09 FD: 2025-01-09	2 investors

Debt Latest

2025-10-16

$1.6B

1 investor (Pro only)

Equity Investment 2025-06-05

$2.8B

Public Offering 2025-03-24

$2.0B

View 6 more funding rounds with Pro

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

W

William J. Fehrman

President, Chief Executive Officer and Director

D

Doug Cannon

President, AEP Transmission

D

David M. Feinberg

Executive Vice President, General Counsel & Secretary

K

Kelly Ferneau

Executive Vice President and Chief Nuclear Officer

G

Greg Hall

Executive Vice President and Chief Commercial Officer

S

Shane Lies

Executive Vice President, Projects & Services

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Recent News

AEP Texas Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised