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AEP Reports Strong 2020 Earnings; Raises 2021 Operating Earnings Guidance


AEP Reports Strong 2020 Earnings; Raises 2021 Operating Earnings Guidance
- Year-end 2020 GAAP and operating earnings of $4.44 per share
- Fourth-quarter 2020 earnings of $0.88 per share GAAP and $0.87 per share operating
- Company raises 2021 operating earnings (non-GAAP) guidance range to $4.55 to $4.75 per share; maintains 5% to 7% long-term growth rate based on new guidance
- AEP accelerates carbon dioxide emissions reduction goals to reach net zero by 2050
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AMERICAN ELECTRIC POWER
Year-to-date ended December 31
0.20
EPS based on 496 million shares 4Q 2020, 494 million shares 4Q 2019, 496 million shares YTD 2020 and 494 million shares YTD 2019.
American Electric Power (Nasdaq: AEP) today reported fourth-quarter 2020 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $436 million or $0.88 per share, compared with GAAP earnings of $154 million or $0.31 per share ....

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Coshocton County RFP coordinator available


Coshocton County RFP coordinator available
The Times-Reporter
The Ohio Mid-Eastern Governments Association recently announced that the economic recovery coordinator for Coshocton County request for proposals is now available for review and distribution. 
The economic recovery coordinator will provide targeted technical assistance to local governments and economic development professionals in Coshocton County. This technical assistance will be focused on activities that will lead to economic recovery from the pandemic and from the closure of the coal-fired power plant in Conesville. Proposals are due by March 5. 
Funding for this activity has been provided by the Economic Development Administration through a $2.2 million investment to accelerate the region’s transition from a coal economy through a new initiative called Resilience Initiative for Southeastern and Eastern Ohio. These grant funds were awarded to OMEGA, Buckeye Hills Regional Council and the Ohio Un ....

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Voinovich School, OMEGA, Buckeye Hills awarded $2.2M EDA grant to boost community economic growth


Ohio University
Ohio University’s Voinovich School of Leadership and Public Affairs was awarded a $2.2 million investment from the U.S. Department of Commerce Economic Development Administration to accelerate the region’s transition from a coal economy through a new initiative called Resilience Initiative for Southeastern and Eastern Ohio (RISE Ohio).
RISE Ohio is a $2.7 million, two-year program led by Ohio University’s Voinovich School, in partnership with the Buckeye Hills Regional Council (BHRC) and Ohio Mid-Eastern Governments Association (OMEGA), focused on helping communities in an 18-county region make an economic transition to new industries and ensuring continued job creation, as well as economic growth and diversification. The new funding will enable these communities to engage in Opportunity Zone planning, along with assisting them with the impacts of coal-fired power plant closures. ....

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