Hunton Andrews Kurth LLP advised the sales agents in connection with American Electric Power Company, Inc.’s (AEP) commencement of an at-the-market program to sell up to an aggregate $3.5 billion of AEP’s common stock from time to time through either the sales agents or forward counterparties, who will, at AEP’s request, borrow from third parties. The program launched on November 25, 2025.

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 approximately 5.6 million customers in 11 states. AEP has approximately 225,000 miles of distribution lines, 40,000 circuit miles of transmission lines, and approximately 23,000 MWs of regulated owned generating capacity. AEP’s family of companies include utilities AEP Texas Inc., Appalachia Power Company, Indiana Michigan Power Company, Kentucky Power Company, Kingsport Power Company, Ohio Power Company, Public Service Company of Oklahoma, Southwestern Electric Power Company, and Wheeling Power Company.

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