Ingredients
1 cup butter, softened2 cups sugar1 cup creamy peanut butter2 large eggs1 teaspoon vanilla extract2 cups all-purpose flour1 teaspoon baking powder1 cup water1/2 cup 2% milkFROSTING:3/4 cup creamy peanut butter1/4 cup butter, softened3-3/4 cups confectioners’ sugar5 to 6 tablespoons 2% milk1 cup chopped unsalted peanuts
Preparation
Preheat oven to 350°. Grease two 13x9-in. baking pans.
In a large bowl, cream butter, sugar and peanut butter until light and fluffy. Add eggs, one at a time, beating well after each addition. Beat in vanilla. In another bowl, whisk flour and baking powder; add to creamed mixture alternately with water and milk, beating well after each addition.
Transfer to prepared baking pans. Bake 20-25 minutes or until a toothpick inserted in center comes out clean. Meanwhile, for frosting, in a large bowl, beat peanut butter and butter until blended. Beat in confectioners’ sugar alternately with enough milk to reach spreading consistency.
Remove cakes from oven; place on wire racks. Spread frosting over warm cakes; sprinkle with peanuts. Cool completely.
