American Electric Power

American Electric Power is a public utility holding company engaged in the generation, transmission, and distribution of electricity for retail and wholesale customers across the United States. Founded in 1906 and headquartered in Columbus, Ohio, the company operates through multiple segments, including Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. It utilizes a diverse range of energy sources, such as coal, natural gas, nuclear, hydroelectric, solar, and wind, to produce electricity. In addition to serving its customers directly, American Electric Power markets electric power to other utilities, cooperatives, and municipalities. The company also maintains a substantial logistics operation, owning and controlling railcars, barges, towboats, and a coal handling terminal with significant capacity. Through its operations, American Electric Power aims to provide comfort to its customers, support business and commerce, and contribute to the development of strong communities.

Nicholas K. Akins

Chairman, President and Chief Executive Officer

Scott DePasquale

Partner

Lonni Dieck

Senior Vice President and Treasurer

Aaron Hill

Director, Trusts and Investments

Darcy Reese

Director, Investor Relations

Bette Jo Rozsa

Managing Director, Investor Relations

Brian Tierney

Executive Vice President and Chief Financial Officer

21 past transactions

Urbint

Series C in 2021
Urbint is an artificial intelligence company for infrastructure and utility safety. It creates AI-powered solutions that enable utilities and infrastructure operators to maximize risk reduction on every dollar spent and deploy the right resources to the right place at the right time. The company's technology leverages proprietary Models of the World and machine learning to enable risk-driven decision making, enhancing safety, reliability, and affordability - all while reducing emissions. Urbin predicts and prevents threats to critical infrastructure and the workers who maintain it to make communities safer and more resilient. The company pinpoints risk in the construction, servicing, replacement, and protection of infrastructure.
Fortress Information Security LLC provides third-party risk management, cloud/mobile risk management, legal support, threat monitoring, incident response, analytics, and operational intelligence services. It serves power utilities, port authorities, transportation, finance, utilities, and healthcare industries. Fortress Information Security LLC was incorporated in 2015 and is based in Orlando, Florida.

EtaGen, Inc.

Series D in 2021
EtaGen, Inc. provides power generation services. The company was incorporated in 2010 and is based in Menlo Park, California.

GridEdge Networks

Series A in 2001
GridEdge Networks, located in Littleton MA, develops and sells highly reliable and cost effective grid protection and monitoring systems to electric utilities and independent power producers. GridEdge Networks products are located at the edge of the transmission and distribution grid and use its innovative powerline carrier technologies that significantly reduce costs and simplify installation for the electric utility and power generation customer. They enable deployment of protection and monitoring applications while leveraging existing infrastructure and utility assets.

Allumia

Series A in 2022
Allumia, LLC designs, funds, installs, and manages lighting upgrades. It evaluates the current lighting and follow-up with a proposal, which includes updated designs and expected savings; installs and upgrades the entire facility’s lighting; and provides replacement lamps, drivers, and additional lighting hardware; and maintenance services. The company serves commercial, athletic, automotive, and industrial markets. Allumia, LLC was founded in 2013 and is based in Seattle, Washington. It has additional satellite offices in Los Angeles, California and Durham, North Carolina.

ChargePoint

Private Placement in 2018
ChargePoint brings electric vehicle (EV) charging to more people and places than ever before as the world’s leading EV charging network. These stations are available as public charging stations, consumer subscription plans, and utility grid management technology for electric utility companies to smooth electric demands on the grid. ChargePoint was incorporated in 2007 and is headquartered in Campbell, California.

ChargePoint

Series H in 2020
ChargePoint brings electric vehicle (EV) charging to more people and places than ever before as the world’s leading EV charging network. These stations are available as public charging stations, consumer subscription plans, and utility grid management technology for electric utility companies to smooth electric demands on the grid. ChargePoint was incorporated in 2007 and is headquartered in Campbell, California.

Appalachian Power Co.

Acquisition in 1925
Appalachian Power Company generates, transmits, and distributes electric power. The company was incorporated in 1926 and is based in Columbus, Ohio. Appalachian Power Company operates as a subsidiary of American Electric Power Company, Inc.

Datamaran

Series B in 2022
Datamaran is one of the world’s most sophisticated and powerful semantic business intelligence tools. Former GRI Director, Marjella Alma, recognised the problems facing businesses in monitoring and reporting on risk, sustainability and ESG issues, and decided to take action. Together with former Wall Street Quant specialist, JP Lecourt, and former Technology and Analytics consultant, Jérôme Basdevant, they formed Datamaran, and began work on creating an AI tool that would provide fast, efficient and powerful business intelligence on large unstructured data sets from the global corporate reporting landscape.

Utilidata

Series B in 2013
Utilidata®, Inc., an energy software company backed by leading venture capital firms, is the industry leader in energy grid optimization. The company’s patented technology captures real-time signals from the electric grid and provides actionable insights to save energy, integrate distributed energy resources, and better detect grid anomalies. The company is headquartered in Providence, Rhode Island. For more information, please visit www.utilidata.com or follow @Utilidata on Twitter.

Utilidata

Series C in 2020
Utilidata®, Inc., an energy software company backed by leading venture capital firms, is the industry leader in energy grid optimization. The company’s patented technology captures real-time signals from the electric grid and provides actionable insights to save energy, integrate distributed energy resources, and better detect grid anomalies. The company is headquartered in Providence, Rhode Island. For more information, please visit www.utilidata.com or follow @Utilidata on Twitter.
Northwest Arkansas Community College is a full-service community college in Bentonville, Arkansas, that offers transfer and professional academics, remedial and advanced programs, college life activities and a full range of student services. Academics include professional degrees in healthcare and business, such as: * Marketing * Nursing * Physical Therapy * Respiratory Therapy Other programs of study include transfer degrees in the arts and sciences, such as: * Drama * Film * Fine Arts * International Languages * Environmental Regulation * Psychology * Sociology High-performing degree candidates also have the option of enrolling in the school’s honors program. North Arkansas Community College has an adult education division, as well, which offers GED-prep and classes in ESL and Computer Literacy. Student life activities are available to students in all divisions. Some examples of these activities include performing arts clubs, academic and professional clubs and other types of student organizations. The career services division sponsors a range of activities, including career readiness workshops, job fairs and on-campus recruiting seminars. They also provide career counseling and job-search assistance. Most programs have an open admissions policy, which allows anyone with a high school diploma or GED to enroll, simply by filling out an admissions application. Healthcare programs have additional requirements. Students may receive academic, departmental and other types of scholarships, as well as federal financial aid awards like grants and loans.

Central and South West Corp

Acquisition in 1997
Central and South West Corp is a holding company for four electric utilities.

BlueStar Energy Solutions

Acquisition in 2012
BlueStar Energy Solutions is an independent retail electricity supplier – unaffiliated with any utility – supplying electricity to business and residential customers. One of the fastest-growing energy suppliers in the United States, BlueStar provides a wide array of energy solutions including retail electric supply and is operating in Illinois, Pennsylvania, Delaware, Maryland, New Jersey, Ohio and Washington, D.C. BlueStar also provides energy demand-side management solutions nationwide. For more information visit www.bluestarenergy.com.

ChargePoint

Series H in 2018
ChargePoint brings electric vehicle (EV) charging to more people and places than ever before as the world’s leading EV charging network. These stations are available as public charging stations, consumer subscription plans, and utility grid management technology for electric utility companies to smooth electric demands on the grid. ChargePoint was incorporated in 2007 and is headquartered in Campbell, California.

EtaGen, Inc.

Series C in 2018
EtaGen, Inc. provides power generation services. The company was incorporated in 2010 and is based in Menlo Park, California.

EtaGen, Inc.

Private Placement in 2018
EtaGen, Inc. provides power generation services. The company was incorporated in 2010 and is based in Menlo Park, California.

Powerspan

Venture Round in 2000
Founded in 1994 as Zero Emissions Technology and later renamed Powerspan Corp, Powerspan initially provided technology to control particulate emissions from coal-fired, electric power plants. As compliance deadlines of the Clean Air Act Acid Rain Program approached, Powerspan recognized the growing importance of a multi-pollutant solution for controlling emissions of sulfur dioxide (SO2) and nitrogen oxides (NOx) in addition to particulate emissions. Standard technology generally addresses each pollutant individually, necessitating the installation of separate, costly devices, requiring large spaces not always available on space-constrained sites that are typical of existing power plants. Powerspan sought to develop an integrated approach to achieve multi-pollutant reductions at a lower cost than commercially available systems, enabling power plant owners to meet existing and future environmental requirements in a cost-effective manner.

Columbus Collaboratory, LLC

Private Placement in 2018
Columbus Collaboratory, LLC designs and develops intelligence exchange platform which supports real-time exchange of cybersecurity intelligence. The company also develops analytics-enhanced intelligence products. The company was incorporated in 2014 and is based in Columbus, Ohio.

Greensmith Energy

Series C in 2015
Greensmith provides system integration, battery controls, web-based software, and data analytics for stationary energy storage systems. The company’s systems combine cloud computing with battery storage and management technologies to help solve complex problems related to critical changes unfolding on the electrical grid. Its fourth generation software platform, GEMS, is used for voltage and frequency regulation, peak shaving, PV smoothing, microgrids, and back-up power for critical loads. The company started as a battery-agnostic system integrator and software developer, combining multiple battery types and power conversion systems with proprietary firmware and software to orchestrate and maximize performance and safety. Greensmith’s customers include utilities, power developers, independent power producers, and commercial and industrial firms. Greensmith was founded in 2008 and is based in Rockville, Maryland.

Memco Barge Line

Acquisition in 2001
Memco Barge Line is a provider of Information Technology and Services.