AEP, DOE, and SB Energy Announce $4.2 Billion Investment in Ohio Infrastructure

Published on · Source: finance.yahoo.com

AEP, DOE, and SB Energy Announce $4.2 Billion Investment in Ohio Infrastructure

AI Summary

Summarized by AI from the source below

On March 20, 2026, the U.S. Department of Energy, SB Energy, and AEP Ohio announced planned investments totaling $4.2 billion in advanced digital and energy infrastructure. This investment aims to support data center growth and electricity demand in Appalachian Ohio. AEP Ohio expects power delivery to begin in 2029, with SB Energy covering the costs to prevent increased transmission rates for Ohio residents. The project includes the construction of new 765-kilovolt electric transmission infrastructure.

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About American Electric Power (AEP)

American Electric Power operates one of the largest U.S. electricity-transmission networks.

The Utilities sector covers electric, gas and water providers prized for steady, regulated income.

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