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Kentucky Power seeks approval for new power infrastructure to support TeraWulf's data campus and benefit customers.

Market News
14 Nov 2026, 00:55 WIB
PRNewsWire
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Bullish
Kentucky Power seeks approval for new power infrastructure to support TeraWulf's data campus and benefit customers.

Kentucky Power has filed plans with the Kentucky Public Service Commission to build a new 760-MW natural gas power plant and transmission substation to support TeraWulf's Muskie Data Campus in eastern Kentucky. The project aims to provide over $500 million in fixed-cost rate offsets and $100 million in winter bill credits to residential customers, while ensuring new large-load customers like TeraWulf cover the costs of their demand. Regulatory decisions are expected by mid-2027, with the project supporting economic growth, job creation, and infrastructure investment in the region.

American Electric Power Company Inc (AEP) holds a market cap of $70.19 billion and offers a dividend yield of 3.01%, reflecting its stable utility sector presence. As of Nov 14, 2026 06:01 WIB, AEP's stock price on Pluang is USD 128.80 with a slight 0.09% decline in one day. The platform shows a strong sell sentiment with 100% of orders being sell, indicating cautious investor behavior despite the company's plans to support economic growth through infrastructure projects.

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