AMERICAN ELECTRIC POWER CO INC (AEP) Risk Factors

UtilitiesLatest 10-K filed Feb 12, 2026Source: SEC EDGAR

WealthWire extracted and classified 49 risk factors from AMERICAN ELECTRIC POWER CO INC’s latest SEC filing, mapping each to a standardized risk taxonomy so they can be compared across every company and sector. The breakdown below shows how those disclosures distribute across risk categories.

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that AMERICAN ELECTRIC POWER CO INC surfaced in its latest filing.

  • I&M owns the Cook Plant with two nuclear generating units rated at 2,296 MWs, representing about a tenth of AEP System regulated generating capacity as of December 31, 2025.December 31, 2025
  • AEP Texas had approximately 146 REPs as of December 31, 2025; in 2025, its two largest REPs accounted for 38% of its operating revenue.December 31, 2025
  • As of December 31, 2025, approximately 8%, 23% and 15% of the Registrants' available credit facilities were with European, Canadian, and Asian banks, respectively.December 31, 2025
  • OVEC has outstanding indebtedness of approximately $873 million as of December 31, 2025; APCo, I&M, and OPCo are collectively responsible for $379 million of OVEC's debt through the Inter-Company Power Agreement (ICPA), with an aggregate power participation ratio of 43.47%.December 31, 2025
  • AEPTCo's ability to occupy real property depends on affiliate contracts with named parties: AEP subsidiary utility affiliates.

Go deeper on AEP

This page shows the category breakdown of the latest filing. The WealthWire API and dashboard add the full risk-factor text, multi-year trends, sector comparisons, and CSV export — for AEP and every other S&P 500 company.