AEP Secures Minority Equity Interest Investment in Ohio and …
2 days ago · A 50/50 strategic partnership between KKR and PSP Investments agrees to acquire 19.9% non-controlling equity interest in two AEP Transcos for $2.82 billion Transaction provides highly efficient financing to support AEP’s five-year, $54 billion capital investment plan, enhance reliability for customers and strengthen balance sheet American Electric Power today announced a definitive agreement ...
KKR and PSP Investments Acquire Minority Stake in Two American …
1 day ago · NEW YORK, January 09, 2025--Today, investment funds managed by KKR, a leading global investment firm, and the Public Sector Pension Investment Board ("PSP Investments"), one of Canada’s largest ...
AEP Secures Minority Equity Interest Investment in Ohio and …
1 day ago · A 50/50 strategic partnership between KKR and PSP Investments agrees to acquire 19.9% non-controlling equity interest in two AEP Transcos for $2.82 billion. Transaction provides highly efficient ...
AEP to divest stake in transmission companies to KKR, PSP for …
15 hours ago · 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 transmission-only utilities responsible for building, owning and operating transmission infrastructure and are regulated by the Federal Energy ...
KKR, PSP acquire minority stake in two of AEP Ohio's transmission ...
10 hours ago · Global investment firm KKR and the Public Sector Pension Investment Board (PSP), one of Canada’s largest pension funds, have agreed to acquire a 19.9 percent stake in American Electric Power Ohio's (AEP) Indiana and Michigan transmission companies for …
KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion
1 day ago · American Electric Power Co. agreed to sell a minority stake in its transmission business to KKR & Co. and Canada’s PSP Investments for $2.8 billion.
KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion (1)
1 day ago · American Electric Power Co. agreed to sell a minority stake in its transmission business to KKR & Co. and Canada’s PSP Investments for $2.8 billion. The investment firms will acquire a roughly 20% interest in AEP’s Ohio, Indiana and Michigan transmission companies, the companies said in a statement Thursday.. KKR and PSP, which formed a 50-50 partnership for the acquisition, are investing ...
American Electric Power Sells 19.9% Stake In Two Transmission …
13 hours ago · American Electric Power Company Inc (NASDAQ:AEP) shares are trading higher in premarket Friday. The company announced that a 50/50 strategic partnership between KKR & Co Inc (NYSE:KKR) and PSP ...
KKR, PSP Investments To Buy Minority Stake In AEP's Ohio And …
22 hours ago · News for American Electric Power; KKR, PSP Investments To Buy Minority Stake In AEP's Ohio And Indiana & Michigan Transmission Cos. ... Investment Board, one of Canada's largest pension investors ...
KKR and PSP buy stake in US electric power companies for $2.82bn
11 hours ago · US private firm KKR and Canadian pension fund PSP Investments have agreed to acquire a 19.9% interest in American Electric Power’s (AEP) Ohio and Indiana & Michigan transmission companies for $2.82bn (€2.7bn). The investment will support AEP’s ability to meet increasing customer demand and enhance grid reliability.
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