Fuel Cell Deal Could Be A Game Changer For American Electric Power Company (AEP)

American Electric Power Company plans to invest about US$4b in a 702 megawatt Bloom Energy fuel cell plant near Cheyenne, Wyoming, under a 20 year PPA supplying Google's local power demand. The planned near zero emissions fuel cell project positions American Electric Power Company to serve large tech clients that are demanding reliable, lower carbon, on demand power. We will look at how American Electric Power Company's investment narrative could be affected by this large fuel cell commitment to Google.