AEP increases investment plan 30% to $100B on gen, transmission spending
Utility expands capital budget as computing commitments drive contracted load to 84 GW

American Electric Power has expanded its multi-year capital expenditure programme by nearly a third to $100 billion, driven by rising demand for power generation and grid transmission. Contracted high-capacity demand surged to 84 GW, largely propelled by a massive 10.4-GW data centre project being constructed by SB Energy in Ohio. The revision highlights the substantial electrical infrastructure required to support rapid computing expansion.
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This summary was written by the GPU Data Hub desk from reporting published by Utility Dive on 29 Oct 2026, 15:05. Read the full article at the original publisher.
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