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How Massive Ohio AI Data Center Power Deal Will Impact American Electric Power Company (AEP) Investors

yf_tkr_NVDA · 2026-08-19

$AEP $NVDA

NVIDIA previously agreed to backstop up to US$105.00 billion of financing for OpenAI’s large Ohio data center project and invest US$1.50 billion in SB Energy, with American Electric Power’s Ohio utility positioned to supply up to 4.25 gigawatts of initial capacity supported by a US$4.20 billion transmission upgrade funded by project partners. Alongside fresh federal funding for modernization at its Mitchell plant and Carl Icahn trimming his stake, AEP’s role in powering energy‑intensive data...

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