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 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.
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
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 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 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.
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AEP reaches settlement with Ohio regulators on smart grid plan
AEP Ohio, an American Electric Power (AEP) company, filed a stipulation with the Public Utilities Commission of Ohio (PUCO) ...
Tazewell County lawmaker files 'AEP Accountability Act' in the General Assembly
RICHMOND, Va. — A bill filed this week in the Virginia General Assembly would address the high electric utility bills area residents have to pay. Senator Travis Hackworth, R — Tazewell, filed Senate ...
UISD releases Clark Middle students early due to power outage, AEP provides timeframe for repairs
The United Independent School District (UISD) announced an early release for students at Clark Middle School on Thursday ...
Over 300 customers still without power in Virginia following winter storm: AEP
The number of power outages is decreasing following a winter storm that hit Central Virginia. As of around 7:30 a.m., ...
AEP names Trevor Mihalik as CFO
Utility firm American Electric Power said on Tuesday it has named Trevor Mihalik as its chief financial officer, effective ...
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Proposed bill would give Virginia AEP customers options on choosing electricity provider
A bill has been filed in the 2025 Viginia General to give AEP (Appalachian Electric Power) customers an option to select ...
AEP Names Seasoned Energy Executive Trevor Mihalik Executive Vice President & Chief Financial Officer
American Electric Power (Nasdaq: AEP) has named Trevor I. Mihalik executive vice president and chief financial officer ...
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3 Electric Utility Stocks Powering Up Consistent Dividends
The utilities industry is well-poised for significant growth and expansion, driven by ever-surging demand, evolving ...