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 ...
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 ...
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 ...
The proposed transaction will enable the utility’s leaders to sell far less stock in coming years as they look to fund ...
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 ...
(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 ...
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 ...
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 (KKR) said Thursday it formed a 50/50 strategic partnership with Canada's PSP Investments to acquire a 19.9% stake in American Electric Power's (NASDAQ:AEP) Ohio and Indiana transmission ...
(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 ...