Risk Factors Update Summary
- Regulators may disallow costs not prudently incurred, impacting cost recovery and earnings.
- Rising costs and investments in infrastructure may lead to more rate cases and resistance.
- AEP initiated a sales process for AEP Energy and Onsite Partners, aiming to sell for $2.646 billion.
- AEP adjusted CO2 emission reduction goals, accelerating net-zero goal to 2045, facing execution risks.
- AEP may face challenges in procuring labor and resources for new generation capacity.
- AEP's exposure to international banks could impact liquidity, with 10%, 17%, and 16% credit facilities in Europe, Canada, and Asia.
- AEP's reliance on fossil fuels poses risks from changes in wind patterns and precipitation.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=4904&owner=exclude
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