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 company, as well as its Michigan transmission company,
KKR and PSP Investments Acquire Minority Stake in Two American Electric Power Transmission Companies
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 pension investors, announced an agreement to acquire a 19.
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,
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.
KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion
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. Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?
KKR, PSP Investments to acquire $2.82bn stake in U.S. electric utility assets
KKR and the Public Sector Pension Investment Board (PSP Investments) are acquiring a 19.9% interest in American Electric Power's Ohio and Indiana & Michigan transmission companies for $2.82 billion.
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.
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 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 Transmission Companies (Transcos).
KKR, PSP Investments acquire minority stake in two American Electric companies
Investment funds managed by KKR (KKR) and the Public Sector Pension Investment Board, one of Canada’s largest pension investors, announced an
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AEP Secures Minority Equity Interest Investment in Ohio and Indiana & Michigan Transmission Companies
Highlights 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 high. . .
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(PSP) Investment Report
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