Hunton Advises on American Electric Power Company, Inc.’s $2.9B Forward Equity Offering 

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Hunton Andrews Kurth LLP advised the underwriters, forward sellers and forward purchasers in connection with an SEC-registered offering of 23,543,308 common shares of American Electric Power Company, Inc. (AEP), which were borrowed and subsequently sold to the underwriters for sale in the offering. The offering, initially for 20,472,844 common shares, included the underwriters’ exercise in full of an additional option for shares, and closed on May 14, 2026.

AEP, based in Columbus, Ohio, is one of the largest investor-owned electric public utility holding companies in the United States, and its electric utility operating companies provide generation, transmission and distribution services to more than five million retail customers in eleven states. AEP has approximately 252,000 circuit miles of distribution lines, approximately 40,000 circuit miles of transmission lines and approximately 32,000 MWs of regulated owned generating capacity.

The Hunton team included Steven C. Friend, Jingyi “Alice” Yao, Ryan Metz and Jack W. Chatas. Joseph B. Buonanno and Christian Pugaczewski provided advice on the forward component. Robert J. McNamara and William B. Freeman provided tax advice.

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