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KKR Is Buying AEP Transmission Stake for $2.8 Billion
AEP to divest stake in transmission companies to KKR, PSP for $2.82bn
"AEP to divest stake in transmission companies to KKR, PSP for $2.82bn" was originally created and published by Power Technology, a GlobalData owned brand.
KKR, PSP acquire minority stake in two of AEP Ohio's transmission companies
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 $2.82 billion.
KKR, PSP Investments Partner to Buy Stake in Two American Electric Power Companies
KKR is partnering with the Public Sector Pension Investment Board to buy a 19.9% interest in two units of American Electric Power for $2.82 billion.
AEP to sell stake in transmission companies to KKR-PSP consortium for $2.8B
American Electric Power plans to use proceeds from the sale of 19.9% of AEP Ohio Transmission and AEP Indiana Michigan Transmission for its five-year, $54 billion capital spending plan.
American Electric Power’s Strategic Partnership with KKR and PSP
American Electric Power ( (AEP) ) just unveiled an announcement.Stay Ahead of the Market:Discover outperforming stocks and invest smarter with
American Electric Power Sells 19.9% Stake In Two Transmission Assets For $2.82B: Details
American Electric Power has entered into a $2.82 billion deal with KKR and PSP Investments with respece to a 19.9% stake in its Ohio and Indiana & Michigan Transmission Companies.
KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion (1)
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 buy stake in US electric power companies for $2.82bn
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).
KKR and PSP to take minority stake in AEP’s transmission companies for $2.82bn
KKR and PSP Investments have agreed to acquire a minority stake in American Electric Power’s Ohio and Indiana and Michigan transmission companies for $2.82 billion. Founded in 1906, AEP is a US-based electric utility that serves customers across 11 states.
American Electric Power Sells Wires Stake for $2.8 Billion
American Electric Power Co. has agreed to sell a stake in its transmission business to a strategic partnership between KKR and PSP Investments, the energy company reported.
Bloomberg on MSN
6h
Why KKR Is Buying AEP Transmission Stake for $2.8 Billion
Brandon Freiman, KKR partner and head of North American infrastructure, discusses American Electric Power agreeing to sell a ...
journalgazette
11h
2 investors to buy minority stake in AEP Transcos, including Indiana Michigan Power
American Electric Power will sell a minority stake – nearly 20% equity interest – in Fort Wayne-based Indiana Michigan Power ...
23h
KKR, PSP Investments To Buy Minority Stake In AEP's Ohio And Indiana & Michigan Transmission Cos.
An investment funds managed by KKR and the Public Sector Pension Investment Board, one of Canada's largest pension investors, ...
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