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 …
1 day ago · KKR and PSP Investments have formed a 50/50 strategic partnership to pursue the acquisition. AEP is a fully regulated electric utility that serves 5.6 million retail and wholesale customers across ...
AEP to divest stake in transmission companies to KKR, PSP for …
13 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 ...
AEP to sell stake in transmission companies to KKR-PSP …
16 hours ago · The 19.9% equity stake KKR and PSP is buying represents about 5% of AEP’s total transmission rate base. OHTCo has about $6.3 billion in net plant and IMTCo has about $4.1 billion in net plant ...
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 ...
KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion
1 day ago · (Bloomberg) -- 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 ...
American Electric Power’s Strategic Partnership with KKR and PSP
1 day ago · American Electric Power announced a strategic partnership with KKR and PSP Investments to sell a 19.9% equity interest in its Ohio and Indiana & Michigan Transmission Companies for $2.82 billion.
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.
American Electric Power Sells 19.9% Stake In Two ... - Benzinga
12 hours ago · KKR and PSP Investments acquire 19.9% stake in AEP Transcos. Deal aims to support AEP’s $54 billion capital plan. American Electric Power Company Inc AEP shares are trading higher in premarket ...
KKR, PSP Investments Partner to Buy Stake in Two American …
1 day ago · KKR and PSP will obtain a stake in AEP’s Ohio and Indiana transmission company, as well as its Michigan transmission company for $2.82 billion. By . ... Photo: Luke Sharrett/Bloomberg News.
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