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AEP Plans $4 Billion Investment in 702-MW Google Power Deal

American Electric Power plans to invest approximately $4 billion in a 702-megawatt fuel-cell generation project near Cheyenne, Wyoming, under a 20-year power purchase agreement with Google.

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American Electric Power (NASDAQ:AEP) said Wednesday it plans to invest approximately $4 billion in a new 702-megawatt fuel cell generation project near Cheyenne, Wyoming. The project is being advanced under a long-term 20-year power purchase agreement with Google.