American Electric Power Company, Inc. (NYSE:AEP) is considering multiple strategic alternatives for four competitive power plants. Nicholas K. Akins, Chairman, President and Chief Executive Officer of AEP said, "We expect to complete the sale of four competitive power plants soon, and we will reduce debt and reinvest net proceeds from that sale in our regulated businesses to support future earnings growth. We wrote down our remaining competitive generation assets in the third quarter of 2016 and will continue the strategic review process for those plants,"