AEP Energy Indicators PPA for Outcome from New Savion 200-MW Solar Project in Central Ohio

• American Electric Power's (NASDAQ: AEP) AEP Energy Partners subsidiary has actually authorized a lasting power purchase contract with Atlanta Farms Solar Project, currently being established by Savion, a renewable energy programmer, for the project's intended 200 MW outcome in Pickaway Co. Ohio.

Building And Construction of Atlanta Farms is set up to begin mid-to-late 2021, pending the authorization of its license with the Ohio Power Siting Board (OPSB). The project is prepared for to consist of approximately 600,000 solar panels with the ability of producing 200 MW of renewable energy and also is expected to be functional by the end of 2022.

AEP Energy will certainly utilize the power from Atlanta Farms to offer clients that want tidy energy for their retail supply. Atlanta Farms Solar Project additionally would contribute renewable energy to provide the City of Columbus if the City's gathering proposition is passed in November and receives approval from City Council.

" AEP Energy is focused on giving consumers with incorporated, carbon-free energy products that deliver long-lasting price security and ecological advantages. Contracts like the one with Atlanta Farms Solar Project demonstrate the ingenious energy remedies we can established to sustain advancement of new, in-state tidy energy sources to improve neighborhood economic climates and also aid our customers power their homes and organizations with clean, trusted energy," claimed Greg Hall, head of state, AEP Energy.

" The signed arrangement in between AEP Energy Partners and also Atlanta Farms Solar Project is the outcome of hard work and commitment from groups across both organizations. Savion truly appreciates the collaboration with AEP on this important endeavor," stated Jeff James, senior vice head of state commercial purchases for Savion. "This notes another accomplishment in solar power growth for the state of Ohio while aiding to accomplish AEP Energy's commitment to its companions' renewable resource profiles and also sustainability objectives. We are happy to be part of an additional fantastic AEP Energy renewable energy turning point."