AEP Ohio is all in on Smart Columbus
Julie Sloat was recently promoted to senior vice president of treasury and risk at AEP.
Local businesses have powered Columbus’ efforts since the city entered the $50 million Smart City Challenge. Now, as the region implements its transportation and logistics goals as part of its victory in that national contest, one local company is building the foundation with a major investment of dollars and resources.
AEP Ohio has partnered with the city to modernize the transportation network and reduce carbon emissions in both the transportation and electric power sectors. The utility has committed $185 million to the project — the biggest contribution from any public or private partner in the Smart Columbus initiative.
Committing to the Smart City initiative made perfect sense for the utility company, which had already begun working on “modernization activities” that meshed with the region’s goals, said Julie Sloat, who oversaw the effort as AEP Ohio’s president and chief operating officer until her recent promotion to senior vice president of treasury and risk at corporate parent AEP.
“It was just the perfect timing to go ahead and move forward with this,