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AEP To Support Continued 5 To 7 Pct Operating Earnings Growth With Investments In Regulated Businesses And Renewables


Sunday, 11 Nov 2018 03:00pm EST 

Nov 11 (Reuters) - American Electric Power Company Inc ::AEP TO SUPPORT CONTINUED 5 TO 7 PERCENT OPERATING EARNINGS GROWTH WITH INVESTMENTS IN REGULATED BUSINESSES AND RENEWABLES.AMERICAN ELECTRIC POWER - CO REAFFIRMED ITS 2019 OPERATING EARNINGS GUIDANCE RANGE OF $4.00 TO $4.20 PER SHARE.COMPANY ALSO REAFFIRMED ITS 2019 PROJECTED ANNUAL OPERATING EARNINGS GROWTH RATE OF 5 TO 7 PERCENT.AMERICAN ELECTRIC POWER - CO PLANS TO INVEST $33 BILLION IN CAPITAL FROM 2019 THROUGH 2023.AMERICAN ELECTRIC POWER - CO PLANS TO INVEST ABOUT $16.6 BILLION IN TRANSMISSION BUSINESSES, $8.3 BILLION IN DISTRIBUTION BUSINESSES OVER NEXT 5 YEARS. 

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