AEP Generation Resources Seeks Bids For Coal

COLUMBUS, Ohio, April 28, 2017 /PRNewswire/ -- AEP Generation Resources Inc. (AEPGR), a competitive generation subsidiary of American Electric Power Company (NYSE: AEP), is seeking proposals for the supply of coal to one or more generating stations.

AEPGR is seeking delivery proposals, FOB barge and FOB Cardinal Plant, beginning in first-quarter 2018 and lasting a term of up to three years. AEPGR is open to alternative pricing structures or other innovative, value-added concepts. Proposals with alternative terms will be accepted. Accepted bids will be at AEPGR's discretion.

Proposal packages must be received by AEPGR no later than 5 p.m., Thursday, May 18, 2017. Proposals can be submitted by e-mail to kkchilcote@aepes.com, or by mail to AEPGR RFP- Coal Proposal, ATTN: Kimberly Chilcote, Manager, Fuel Procurement, AEP Energy Supply, 155 W. Nationwide Blvd., Columbus, Ohio 43215. Complete details about the Requests for Proposals are available at www.aep.com/go/coaloffers or by calling Jim Henry at (614) 583-6974, Kim Chilcote at (614) 583-6301 or Mike Ward (614) 583-7270.

American Electric Power is one of the largest electric utilities in the United States, delivering electricity and custom energy solutions to nearly 5.4 million customers in 11 states. AEP owns the nation's largest electricity transmission system, a more than 40,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP also operates 224,000 miles of distribution lines. AEP ranks among the nation's largest generators of electricity, owning approximately 26,000 megawatts of generating capacity in the U.S. AEP also supplies 3,200 megawatts of renewable energy to customers. AEP's utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP's headquarters are in Columbus, Ohio.

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SOURCE American Electric Power