KKR and Canada’s Public Sector Pension Investment Board are acquiring a 19.9% stake in a trio of power transmission companies in Ohio, Indiana and Michigan owned and operated by utility giant American ...
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 ...
The proposed transaction will enable the utility’s leaders to sell far less stock in coming years as they look to fund ...
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 ...
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. New York investment firm KKR said Thursday that ...
(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 ...
The combination of the two arms of KKR will mean global head of infrastructure Raj Agrawal will become global head of real ...
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 ...