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KKR, Ohio and PSP Investments
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, 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 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 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).
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, 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
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.
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.
journalgazette
2h
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 ...
1d
AEP Secures Minority Equity Interest Investment in Ohio and Indiana & Michigan Transmission Companies
American Electric Power (Nasdaq: AEP) today announced a definitive agreement for a strategic partnership between KKR and PSP ...
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