AEP has received regulatory approvals to acquire approximately 2,505 MWs of owned renewable generation facilities and 792 MWs of renewable purchase power agreements, reflecting a strategic focus on renewable energy expansion.

PSO entered into a PSA to acquire a 795 MW combined-cycle power generation facility in Oklahoma, subject to regulatory approvals, indicating a strategic move to diversify generation sources.

AEP completed the sale of AEP OnSite Partners for approximately $318 million in cash proceeds which were used to pay down short-term debt, indicating a strategic move to divest non-core assets.

AEP implemented a voluntary severance program resulting in approximately 1,000 employees leaving the company, with net savings expected to help offset increasing operating expenses and high interest costs, indicating management's focus on cost control.

AEP received supportive PLRs from the IRS for certain retail jurisdictions, enabling the recognition of regulatory assets and a reduction in Excess ADIT liabilities, demonstrating the management's ability to navigate complex regulatory environments effectively. However, some intervenors have challenged the recovery of these assets.

SWEPCo recorded a one-time probable revenue refund provision of $160 million associated with revenue collected from February 2013 through December 2023, and will remove AFUDC in excess of the Texas jurisdictional capital cost cap from rate base, highlighting challenges in cost recovery for certain assets.

The Federal EPA finalized revisions to the CCR Rule, expanding the scope of the rule and establishing new requirements, and AEP recorded a $674 million increase in ARO, indicating a potential financial impact from new environmental regulations.

The Registrants have experienced supply chain disruptions and inflation, which could result in additional increases in the cost of certain goods, services and cost of capital and further extend lead times, potentially impacting future net income and cash flows.

AEP recorded a loss contingency of $19 million related to the SEC's investigation related to HB 6, and the company continues to be involved in litigation related to the bill, indicating potential financial and reputational risks.

AEP faces competition in the energy market, as evidenced by the need to manage fuel costs, and the company continues to evaluate the impacts of new rules on their generating fleet.

AEP has received regulatory approvals to acquire approximately 2,505 MWs of owned renewable generation facilities, indicating a strong position in the regulated energy market.

AEP will seek recovery of expenditures for pollution control technologies and associated costs from customers through rates in regulated jurisdictions, indicating a strategy to maintain competitiveness in regulated markets.

AEP implemented a voluntary severance program resulting in approximately 1,000 employees leaving the company, with net savings expected to help offset increasing operating expenses and high interest costs, indicating management's focus on cost control.

AEP experienced an increase in operating expenses due to the Federal EPA's revised CCR rule and a severance accrual, indicating potential challenges in maintaining operational efficiency.

AEP is actively monitoring supply chain disruptions and inflation, which could result in additional increases in the cost of certain goods and services and cost of capital, indicating a focus on managing operational challenges.

AEP has received regulatory approvals to acquire approximately 2,505 MWs of owned renewable generation facilities and 792 MWs of renewable purchase power agreements, indicating a focus on innovation and technology in renewable energy.

AEP is seeking proposals for stand-alone battery energy storage systems, indicating a focus on emerging technologies.

AEP is evaluating carbon capture and sequestration and natural gas co-firing as means to reduce CO2 emissions from coal fired plants, indicating a focus on innovative technologies to address climate change.

AEP is investing in regulated generation and transmission assets to meet customer's energy and capacity needs, while balancing cost and reliability, indicating a strategic focus on regulated assets.

AEP used proceeds from the sale of AEP OnSite Partners to pay down short-term debt, indicating a focus on managing capital structure.

AEP expects to continue to explore the ability to efficiently monetize its tax credits through third-party transferability agreements, indicating a focus on maximizing the value of tax credits.

AEP modified its intermediate and long-term GHG emission reduction goals, with a long-term goal of net-zero Scope 1 and Scope 2 GHG emissions by 2045, indicating a commitment to environmental sustainability.

AEP's ability to achieve its GHG emission goals are dependent upon a number of factors including continuing to provide the most cost-efficient and reliable power to customers, changes in load growth, and evolving RTO requirements, indicating potential challenges in meeting its ESG goals.

AEP has a voluntary severance program that impacts certain positions that have been and will continue to be refilled to maintain safe, effective and efficient operations, indicating a commitment to maintaining a diverse workforce.

AEP is exposed to the economic impact of increased global conflicts and trade tensions, and the adoption or expansion of economic sanctions, tariffs or trade restrictions, indicating a potential impact from macroeconomic factors.

AEP is exposed to inflationary or deflationary interest rate trends, indicating a potential impact from macroeconomic factors.

AEP is involved in rate cases and other proceedings with regulatory commissions, which can have a material impact on results of operations, cash flows and possibly financial condition, indicating a potential impact from regulatory factors.