AEP Energy to Provide 100% Clean Energy to Crown Battery

AEP Energy to Provide 100% Clean Energy to Crown Battery
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COLUMBUS, Ohio, April 19, 2021 /PRNewswire/ -- AEP Energy, a subsidiary of American Electric Power (Nasdaq: AEP), has signed an agreement with the Fremont, Ohio-based Crown Battery Manufacturing Company to provide clean energy through the company's Integrated Renewable Energy (IRE) solution.
AEP Energy will supply the company with clean energy through IRE – a long-term, fixed price retail energy option that supports new, locally-sourced wind and solar – for more than 12 years beginning in January 2023. While the new renewable projects are being developed, Crown Battery will purchase 100% National Green-e Renewable Energy Credits (RECs) until the IRE supply begins.

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