Commercial Load GrowthManagement anticipates commercial load growth driven by data center demand, potentially leading to significant incremental investment opportunities.
Financial PerformanceThe company reaffirmed its 2024 operating earnings guidance of $5.53-5.73, long-term growth rate of 6-7%, and FFO/Debt target of 14-15%.
Growth OutlookAEP's growth outlook is driven primarily by an investment program focused on supply decarbonization and transmission which should support a premium valuation over time as management executes.