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 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.
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.
American Electric Power Sells Wires Stake for $2.8 Billion
American Electric Power Co. has agreed to sell a stake in its transmission business to a strategic partnership between KKR and PSP Investments, the energy company reported.
American Electric Power Company Inc (AEP)’s Stock Plunge: What You Need to Know
American Electric Power Company Inc (AEP) stock saw a decline, ending the day at $90.32 which represents a decrease of $-1.73 or -1.88% from the prior close of $92.05. The stock opened at $92.05 and touched a low of $90.
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 to sell 19.9% equity interest in two Transcos for $2.82B
American Electric Power (AEP) announced a definitive agreement for a strategic partnership between KKR (KKR) and PSP Investments to acquire a ...
American Electric Power Names Trevor Mihalik as CFO in Succession Plan
American Electric Power (NASDAQ: AEP) announced today the appointment of Trevor I. Mihalik as the new Executive Vice ...
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Appalachian Power customers could shop for electricity under proposed law
Customers of Appalachian Power Co., who have been hit repeatedly with higher electricity bills, would be able to switch to ...
American Electric Power Announces New CFO Appointment
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Winter storm brings power outages, leaving utilities customers in the dark
Winter Storm Blair knocked out utilities for hundreds of thousands of customers across the U.S., leaving many American households in the dark Monday. More than 300,000 electric customers were without ...