AEP Sells 2,000 Acres to Nucor for $4 Billion Steel Mill Project in West Virginia
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.
AEP Sells Land to Nucor for $4B Steel Mill Project in West Virginia American Electric Power Company Inc. (AEP) has completed the sale of approximately 2,000 acres of land in Mason County, West Virginia, to Nucor Corporation. The transaction supports Nucor’s construction of a $4 billion steel sheet mill, the largest capital investment in West Virginia history. AEP is also building a new substation nearby to provide 345-kV electric service to the facility. The Nucor mill is expected to begin operations in 2027 and will become Appalachian Power’s largest customer. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AEP - American Electric Power Company Inc. published the original content used to generate this news brief on September 25, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
