Edition:
United States

AEP to fuel 5 to 7 pct earnings growth with investments in regulated business and renewables


Friday, 3 Nov 2017 05:30pm EDT 

Nov 3 (Reuters) - American Electric Power Company Inc :AEP to fuel 5 to 7 percent earnings growth with investments in regulated business and renewables; raises capex.Reaffirms FY 2018 operating earnings per share view $3.75 to $3.95 excluding items.Reaffirms FY 2017 operating earnings per share view $3.55 to $3.68.American Electric Power Company Inc - ‍plans to invest $18.2 billion in capital from 2018 through 2020​.American Electric Power - ‍expects to invest $1.8 billion in new renewable generation from 2018 through 2020.