WSP selected as strategic delivery partner for American Electric Power

MONTREAL, Oct. 29, 2026 (GLOBE NEWSWIRE) -- WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”), one of the world’s leading Engineering , science and infrastructure solutions firms, today announced that WSP USA Inc. has been selected as a strategic transmission delivery partner for American Electric Power (AEP), supporting project delivery activities across AEP’s West region regulated transmission portfolio, which encompasses Texas, Oklahoma, Arkansas and Louisiana.

AEP is advancing a capital investment program that includes U.S. $37 billion in transmission over the Next five years, reflecting growing investment across the energy sector to strengthen reliability, expand capacity and support increasing electricity demand.

WSP's experience supporting complex infrastructure programs will help advance critical projects at scale across AEP’s western region.

“WSP is honored to be selected as a strategic delivery partner to support AEP’s significant investments in strengthening the electric grid and meeting growing energy needs across its service territory,” said Michael Case, Power and Energy business line executive, WSP in the U.S. “This selection reflects the strength of our integrated energy platform, which combines planning, environmental, permitting, Engineering , program management and delivery capabilities to help clients advance critical infrastructure investments that strengthen grid reliability and support future energy demand."

Across North America, utilities are modernizing aging infrastructure and expanding transmission networks to accommodate economic growth, electrification and evolving energy needs. These investments are creating demand for integrated delivery approaches to accelerate the development of complex infrastructure programs.

Forward-looking statements
Certain information contained in this press release is not based on historical or current facts and may constitute forward-looking statements or forward-looking information (collectively, “forward-looking statements”) under Canadian securities laws. Forward-looking statements may include estimates, plans, strategic ambitions, objectives, expectations, opinions, forecasts, projections, guidance, outlook or other statements that are not statements of fact, including references to assumptions. Forward-looking statements in this press release may include, without limitation, statements regarding AEP’s anticipated capital investment program, including the timing and amount thereof; WSP’s anticipated role and activities as a strategic transmission delivery partner for AEP; and expectations regarding future electricity and energy demand and related investment in transmission infrastructure.

Forward-looking statements are based on a number of assumptions believed by WSP to be reasonable as at the date hereof, including, without limitation, assumptions regarding AEP proceeding with its anticipated capital investment program and transmission projects; continued demand for electricity, energy and transmission infrastructure; capital investments made by the public and private sectors; and WSP’s ability to provide the contemplated services and successfully deliver projects. If any of these assumptions prove to be inaccurate, WSP’s actual results could differ materially from those expressed or implied in forward-looking statements.

Although WSP believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. In evaluating these forward-looking statements, investors should specifically consider various risk factors, which, if realized, could cause WSP’s actual results or events to differ materially from those expressed or implied in forward-looking statements. Such risk factors include, but are not limited to, changes in AEP’s capital investment plans or project timing; changes in electricity demand or capital investment in transmission infrastructure; changes in economic, market, political or regulatory conditions; project delivery and contract performance risks; competition; WSP’s ability to attract and retain qualified personnel; and WSP’s ability to secure and perform future projects, as well as other risks detailed from time to time in reports filed by WSP with securities regulators or securities commissions or other documents that WSP makes public.

These and other risk factors that could cause actual results or events to differ materially from our expectations expressed in, or implied by, our forward-looking statements are discussed in greater detail in section 20, “Risk Factors” of WSP’s MD&A for the fourth quarter and year ended December 31, 2025 and as supplemented by section 17, “Risk Factors” of WSP’s MD&A for the second quarter and six-month period ended June 26, 2026, which are available on SEDAR+ at www.sedarplus. CA and which sections are incorporated herein by reference. Actual results and events may be significantly different from what we currently expect because of the risks associated with our business, industry and global economy and of the assumptions made in relation to these risks. As such, there can be no assurance that actual results will be consistent with forward-looking statements.

The forward-looking statements contained in this press release describe WSP’s expectations as of the date hereof and, accordingly, are subject to change after such date. Except as may be required under Canadian securities laws, WSP does not assume any obligation to publicly update or to revise any forward-looking statements made in this press release, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. Readers should not place undue reliance on forward-looking statements.

About WSP
WSP is one of the world’s leading Engineering , science and infrastructure solutions firms, uniting its multidisciplinary expertise to shape communities to advance humanity. From local beginnings to a globe-spanning presence today, WSP operates in over 50 countries and employs approximately 83,000 professionals, known as Visioneers. Together, they pioneer solutions and deliver innovative projects in the transportation, infrastructure, environment, building, energy, water, mining, and metals sectors. WSP is publicly listed on the Toronto Stock Exchange (TSX: WSP).

Alain Michaud
Chief Financial Officer
WSP Global Inc.
alain.michaud@wsp.com
Phone: 438-843-7317