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AEP to divest stake in transmission companies to KKR, PSP for $2.82bn
American Electric Power (AEP) has entered into a strategic partnership with KKR and PSP Investments to sell a 19.9% equity interest in its Ohio and Indiana & Michigan transcos. These companies are ...
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KKR, PSP Investments to buy stake in two American Electric Power companies for $2.8B
KKR (KKR) said Thursday it formed a 50/50 strategic partnership with Canada's PSP Investments to acquire 19.9% stakes in American Electric Power's (NASDAQ:AEP) Ohio and Indiana transmission ...
Moody’s affirms AEP’s Baa2 rating, downgrades AEP Texas, and adjusts Indiana Michigan Power’s outlook
The affirmation of AEP’s Baa2 rating with a stable outlook is due to the scale and diversity of the company’s predominantly ...
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AEP Sees Significant Demand Tailwind Supporting Growth
American Electric Power operates numerous utilities, providing investors protection from any one adverse regulatory ruling. Most of the company’s $54 billion capital investment plan from 2025-29 ...
KKR Explores Acquisition of New Mexico Utility Owner TXNM
KKR & Co. is exploring an acquisition of TXNM Energy Inc., the owner of New Mexico’s largest utility, according to people ...