Hosted on MSN16d
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 ...
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.
Datacenter Dynamics17d
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 ...
Yahoo Finance17d
KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion
(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. The investment firms will ...
T&D13d
AEP Inks $2.8B Deal to Sell Stake in Some Transmission Companies
The proposed transaction will enable the utility’s leaders to sell far less stock in coming years as they look to fund ...
Business Insider17d
KKR, PSP Investments To Buy Minority Stake In AEP's Ohio And Indiana & Michigan Transmission Cos.
KKR and the Public Sector Pension Investment Board or "PSP Investments" have formed a 50/50 strategic partnership to pursue the acquisition. Upon the closing of the transaction, AEP will remain ...
Joplin Globe18d
KKR and PSP Investments Acquire Minority Stake in Two American Electric Power Transmission Companies
The investment will support AEP’s ability to meet increasing customer demand and enhance grid reliability. KKR and PSP Investments have formed a 50/50 strategic partnership to pursue the ...
PE Hub18d
KKR and PSP to take minority stake in AEP’s transmission companies for $2.82bn
At the closing of the transaction, AEP will remain the majority owner and operator of the transmission assets Headquartered in New York City, KKR was founded in 1976 Headquartered in Ottawa ...
Wall Street Journal17d
KKR, PSP Investments Partner to Buy Stake in Two American Electric Power Companies
New York investment firm KKR said Thursday that it formed a 50/50 strategic partnership with PSP, one of Canada’s largest pension investors, to pursue the acquisition. KKR is funding the deal ...
Financial Post18d
KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion
(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. The investment firms will acquire a ...
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 ...