American Electric Power increased its investment plan 30% to $100 billion; contracted large electrical loads rose 22% to 84 GW.

American Electric Power (AEP) increased its investment plan by 30% to $100 billion, with Utility Dive identifying generation and transmission spending as the focus. The supplied excerpt does not state the plan’s time horizon or split the amount between those categories.

AEP’s contracted large electrical loads rose 22% to 84 gigawatts (GW), according to company officials. This is contracted demand, not a statement that 84 GW of new generating capacity or energized data-center load is already operating.

Officials attributed the increase mainly to an Ohio data-center project being developed by SB Energy, reported at 10.4 GW. The excerpt does not disclose customer-specific service dates, interconnection conditions, financial guarantees, or the proportion of the wider contracted portfolio that is already receiving power.