American Electric Power Co. Inc. (AEP) is a public utility holding company that engages in the business of generation, transmission and distribution of electricity. It operates through the following segments: Vertically Integrated Utilities, Transmission & Distribution Utilities, AEP Transmission Holdco and Generation & Marketing.
The Vertically Integrated Utilities segment engages in the generation, transmission and distribution of electricity for sale to retail and wholesale customers through assets owned and operated by its subsidiaries. Federated Hermes Limited enquired about the viability of setting a tougher target in line with the need for the utility sector to decarbonise by 2035.
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