Private company
Who owns Ohio Valley Electric Corporation (OVEC)
One company in the researched set discloses a stake in Ohio Valley Electric Corporation (OVEC), worth $5m between them. Ohio Valley Electric Corporation (OVEC) is private, so no 13F reports it: a 13F covers exchange listed positions only. These figures exist because each holder disclosed the stake in its own filings.
Ohio Valley Electric Corporation (OVEC) - Profile
- Type
- joint venture
- Based in
- United States
- Founded
- 1952
Ohio Valley Electric Corporation is a Piketon, Ohio generating company formed in 1952 by a group of investor owned utilities to supply electricity to the uranium enrichment plant the US Atomic Energy Commission was building at Piketon. Together with its wholly owned subsidiary Indiana Kentucky Electric Corporation it owns and runs two coal fired stations that both entered service in 1955: the Kyger Creek Plant at Cheshire, Ohio and the Clifty Creek Plant at Madison, Indiana, with nameplate capacities of about 1,086 and 1,304 megawatts, linked by a network of 345 kilovolt transmission lines. Its federal power contract ended on 30 April 2003, and since then the whole output has gone to the sponsoring utilities under an Inter Company Power Agreement, first signed in 1953 and amended in 2011 to run to 30 June 2040, which obliges those utilities to take the power and cover their share of the corporation's costs. OVEC joined the PJM Interconnection regional market in 2018.
Source
Ohio Valley Electric Corporation (OVEC) files nothing with the SEC, so none of this comes from a filer record. The description was written for this site in August 2026 from Ohio Valley Electric Corporation (Wikipedia), OVEC Amendment No. 2 to Form U-1, File 70-10187 (SEC) and Two 1950s coal plants defy financial gravity along the Ohio River (E&E News). The ownership figures below come from the holders' filings instead, and are sourced row by row.
The disclosed stakes
One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.
Where each figure comes from
A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.
- American Electric Power Company, Inc., as of 31 Dec 2025. AEP and several nonaffiliated utility companies jointly own OVEC. AEP's Total Investment in OVEC as reported on the balance sheet was $5 million at both 31 December 2025 and 2024 (a nominal Capital Contribution from AEP; OVEC's generating plants carry little remaining equity value and the JV is financed mostly through debt). AEP's maximum exposure to loss, including its share of OVEC's outstanding debt, was $384 million at 31 December 2025 ($137 million APCo + $68 million I&M + $174 million OPCo shares of OVEC debt, plus the $5 million contribution) versus $438 million at 31 December 2024. AEP is not required to consolidate OVEC and is not its primary beneficiary despite the large ownership percentage, because control over decisions significantly affecting OVEC's economic performance is shared among the sponsoring companies through OVEC's board and Operating Committee under the Inter-Company Power Agreement (ICPA). source
What this page is not
It is not a complete register. It lists the holders who happen to be inside the researched set and disclosed the stake themselves. A private company can have many other shareholders, and nothing here rules them out: venture investors, founders and employees usually appear in no public filing at all. Percentages are of Ohio Valley Electric Corporation (OVEC) where a holder stated one, and are missing where no holder did.