American Electric Power (AEP), X-energy, and Amazon have announced a joint development agreement to explore building a 960-megawatt advanced nuclear power plant using X-energy's Xe-100 small modular reactor technology at a former coal site in Sullivan County, Indiana. The project aims to deliver safe, clean, and reliable electricity while keeping costs affordable for customers. Amazon will support the project financially and intends to purchase power under a long-term contract, providing financial safeguards for customers and investors. If approved and constructed, the facility is expected to create jobs, boost the local economy, and strengthen Indiana's energy infrastructure for over 60 years.
American Electric Power (AEP) shares trade at USD 127.44 with a modest 0.24% gain as of Oct 19, 2026 19:41 WIB on Pluang. This steady performance comes as AEP partners with Amazon and X-energy to explore advanced nuclear energy solutions in Indiana. The company’s market cap stands at $69.21 billion, reflecting its significant presence in the utilities sector. Investors have held AEP stocks for an average of 69 days on Pluang, indicating moderate trading interest.
