AMERICAN ELECTRIC POWER CO INC
Customers
6
6 federal agencies
Suppliers
2
2 disclosed
Top supplier share
29%
of ATEL 16, LLC revenue · FY to 2024-12-31
Top supplier by $
$773.8K
ATEL 15, LLC · FY to 2023-12-31
Federal obligations
$4.0M
FY2026 · USAspending.gov
Latest period
Dec 31, 2024
10-K filed 2025-03-19
Suppliers 2
Companies that disclose AEP as a major customer, as a share of their own revenue. 2 active, 0 lapsed.
| Company | % of their revenue | Est. $ from AEP | Period | Trend | Status | Source |
|---|---|---|---|---|---|---|
| ATEL 16, LLC ATEL 16, LLC |
29% | $641.8K | FY 2024-12-31 | +1.0pp | Active | 10-K 2025-03-19 |
AEP Generating Company Facility - Other 29 % 28 % AEP Generating Company Facility - Other 28 % 22 % AEP Generating Company Facility - Other 22 % 27 % As of December 31, 2021 and 2020, there were concentrations (greater than or equal to 10% as a percentage of total equipment cost) of equipment leased to lessees and/or financed for borrowers in certain industries as follows: Percentage of Total Equipment Cost Industry 2021 2020 Utilities 33% 32%Transportation, air 22% 16%Transportation, rail 14% 14%Agriculture *% 20% During 2021 and 2020, certain lessees and/or financial borrowers generated significant portion (defined as greater than or equal to 10%) of the Company’s total leasing and lending revenues, excluding gains or losses on disposition of assets, as follows: Percentage of Total Leasing and Lending RevenuesLessee Type of Equipment 2021 2020 AEP Generating Company Facility - Other 27% 15%Signature Flight Support Corporation Aviation 23% 12%Union Pacific Railroad Company Railroad 20% 11%Mosaic Fertilizer, LLC Chemical 12% *%Mississippi Power Company Mining *% 10% *Less than 10%These percentages are not expected to be comparable in future periods due to anticipated changes in the mix of investments and/or lessees as a result of normal business activities. 4. | ||||||
| ATEL 15, LLC ATEL 15, LLC |
20% | $773.8K | FY 2023-12-31 | +2.0pp | Active | 10-K 2024-03-21 |
AEP Generating Company Facility - Other 20 % 18 % AEP Generating Company Facility - Other 18 % 17 % AEP Generating Company Facility - Other 17 % 10 % | ||||||
Federal contracts 6
Agencies that awarded contracts to this company, from USAspending.gov. Dollars are obligated amounts as reported, not estimates; $51.2M in the latest fiscal year shown per agency.
| Agency | Obligated | Fiscal year | Awards | Trend | Largest award |
|---|---|---|---|---|---|
| Department of Health and Human Services
National Institutes of Health |
$35.2M | FY 2023 | 1 | 75N99022F00006 | |
AEP ENERGY (COMMODITY BILLS) NIH CONTRACT# NEW CONTRACT | |||||
| Department of Energy
Department of Energy |
$5.8M | FY 2023 | 2 | DEAC0503OR22988 | |
DOE PORTSMOUTH/PADUCAH PROJECT OFFICE (PPPO) FIXED UNIT RATE CONTRACT FOR THE SUPPLY OF ELECTRICITY. THIS MODIFICATION ADDS INCREMENTAL FUNDING. | |||||
| Department of Justice
Federal Prison System / Bureau of Prisons |
$4.0M | FY 2026 | 31 | $4.1M → $2.7M → $3.8M → $4.0M | 15B12225F00000047 |
ELECTRICAL SERVICES FOR FCI MCDOWELL FY 26 CONTRACT #47PA0422D0063 | |||||
| Department of Defense
Department of the Army |
$3.9M | FY 2024 | 4 | $6.5M → $3.9M | W912DY24F0175 |
FEASIBILITY STUDY AWARD | |||||
| Department of Labor
Office of the Assistant Secretary for Administration and Management |
$1.3M | FY 2025 | 2 | 1645BC20F00011 | |
ELECTRICAL UTILITY SERVICE FOR MSHA, MINE ACADEMY, 1301 AIRPORT RD., BEAVER, WV 25813 FOR THE PERIOD 3/1/2020 - 2/28/2030 | |||||
| Department of Veterans Affairs
Department of Veterans Affairs |
$1.1M | FY 2024 | 2 | $1.5M → $1.1M | 36C24524F0005 |
ELECTRIC SERVICE TO PERRY POINT VAMC | |||||
Unnamed major customers
Disclosed without names in the fiscal year ending 2025-12-31. Identities are not inferred.
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