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 minority stake in its transmission business to KKR and Canada's PSP Investments for $2.
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.
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 and AEP Ohio for $2.82 billion.
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.
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 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,
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 transmission-only utilities responsible for building,
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American Electric to sell 19.9% equity interest in two Transcos for $2.82B
American Electric Power (AEP) announced a definitive agreement for a strategic partnership between KKR (KKR) and PSP Investments to acquire a ...
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Data centers are flocking to Ohio. Here comes the transmission to support them
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