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 ...

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 ...

(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 ...

(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 ...

As of 8:01:12 am GMT+1. Market open. American Electric Power (Nasdaq: AEP) today announced a definitive agreement for a strategic partnership between KKR and PSP Investments to acquire a 19.9% equity ...

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 ...

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 ...

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 ...

Bloomberg Why KKR Is Buying AEP Transmission Stake for $2.8 Billion Posted: 10 January 2025 | Last updated: 10 January 2025 Brandon Freiman, KKR partner and head of North American infrastructure ...