AEP Sells 2,000 Acres to Nucor for $4 Billion Steel Mill Project in West Virginia
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American Electric Power Company Inc. (AEP) has sold approximately 2,000 acres of land in Mason County, West Virginia, to Nucor Corporation for a $4 billion steel mill project. This marks the largest capital investment in West Virginia's history. AEP is also constructing a new substation to provide electric service to the facility, which is expected to start operations in 2027 and will be Appalachian Power’s largest customer.
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