KKR and PSP Investments Acquire Minority Stake in Two American …

Jan 9, 2025  · Investment to support modernization of infrastructure and increased reliability Strategic partnership comes as need for reliable power soars in the U.S. NEW YORK- …


9%
OFF

KKR, PSP Investments Partner To Buy Stake In Two American …

2 weeks from now

6 days ago  · 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 …

morningstar.com

9%
OFF

American Electric Power Sells 19.9% Stake In Two Transmission …

2 weeks from now

5 days ago  · American Electric Power Company Inc (NASDAQ:AEP) shares are trading higher in premarket Friday. The company announced that a 50/50 strategic partnership between KKR & …

yahoo.com

$2
OFF

KKR And PSP To Buy AEP Transmission Stake For $2.8 Billion (1)

2 weeks from now

6 days ago  · 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 …

bloomberglaw.com

$2
OFF

KKR And PSP To Buy AEP Transmission Stake For $2.8 Billion

2 weeks from now

6 days ago  · 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. ... EMEA +44 20 7330 …

bloomberg.com

9%
OFF

KKR, PSP Investments Partner To Buy Stake In Two American …

2 weeks from now

6 days ago  · By Connor Hart 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 …

marketscreener.com

9%
OFF

American Electric To Sell 19.9% Equity Interest In Two Transcos For …

2 weeks from now

Jan 9, 2025  · American Electric Power (AEP) announced a definitive agreement for a strategic partnership between KKR (KKR) and PSP Investments to acquire a 19.9% equity interest in …

businessinsider.com

$2.82
OFF

KKR And PSP To Take Minority Stake In AEP's Transmission …

2 weeks from now

6 days ago  · KKR and PSP Investments have agreed to acquire a minority stake in American Electric Power (AEP)’s Ohio and Indiana and Michigan transmission companies for $2.82 billion.

pehub.com

3%
OFF

American Electric Power Rises After KKR, PSP Buy Stake In …

2 weeks from now

5 days ago  · ** Shares of American Electric Power AEP rise 1.3% to $93.50 ** AEP late Thurs said it would sell ~20% stake in its transmission business to private equity firm KKR KKR and …

tradingview.com

20%
OFF

KKR, PSP To Buy 20% Stake In AEP Units - Smart Business …

2 weeks from now

Jan 9, 2025  · KKR, PSP To Buy 20% Stake In AEP Units. By Dealmakers Staff on January 9, 2025. Columbus Local Deals. New York-based KKR and Canada's Public Sector Pension …

smartbusinessdealmakers.com

20%
OFF

American Electric Asset Sale Eases Balance Sheet Overhang, Says …

2 weeks from now

5 days ago  · American Electric Power Rises After KKR, PSP Take 20% Stake in Two Units. KKR, PSP Investments acquire minority stake in two American Electric companies. American …

yahoo.com

20%
OFF

American Electric Upgraded To Buy From Underperform At BofA

2 weeks from now

3 days ago  · American Electric Power’s Strategic Partnership with KKR and PSP; American Electric Power Rises After KKR, PSP Take 20% Stake in Two Units;

businessinsider.com

$2
OFF

New York : Law360 : Legal News & Analysis

2 weeks from now

23 hours ago  · KKR, PSP Buy $2.8B Stake In American Electric Power Units. Private equity giant KKR and Canada-based Public Sector Pension Investment Board, both advised by Simpson …

law360.com

20%
OFF

Barclays Sticks To Their Buy Rating For KKR & Co (KKR)

2 weeks from now

3 days ago  · American Electric Power Rises After KKR, PSP Take 20% Stake in Two Units; KKR, PSP Investments acquire minority stake in two American Electric companies; American …

businessinsider.com

20%
OFF

KKR & Co (KKR) Receives A Hold From Wells Fargo

2 weeks from now

2 days ago  · American Electric Power Rises After KKR, PSP Take 20% Stake in Two Units; KKR, PSP Investments acquire minority stake in two American Electric companies; American …

businessinsider.com

20%
OFF

Scotiabank Sticks To Its Hold Rating For American Electric Power …

2 weeks from now

3 days ago  · American Electric Power Rises After KKR, PSP Take 20% Stake in Two Units; KKR, PSP Investments acquire minority stake in two American Electric companies; SHARE THIS …

businessinsider.com

20%
OFF

American Electric Double Upgraded To Buy At BofA After TransCo Deal

2 weeks from now

3 days ago  · American Electric Power Rises After KKR, PSP Take 20% Stake in Two Units; SHARE THIS POST. ... PSP Investments acquire minority stake in two American Electric …

businessinsider.com

FAQs about KKR and PSP Investments Acquire Minority Stake in Two American … Coupon?

Will KKR buy AEP?

KKR and PSP Investments have formed a 50/50 strategic partnership to pursue the acquisition,” the companies stated. Upon the closing of the transaction, AEP will remain the majority owner and operator of the transmission assets. KKR is funding this investment from its core infrastructure strategy. ...

Are American Electric Power (AEP) shares trading higher in premarket Friday?

American Electric Power Company Inc (NASDAQ: AEP) shares are trading higher in premarket Friday. ...

Why did AEP acquire a stake?

The stake acquired represents roughly 5% of AEP’s overall transmission rate base. The capital raised through this transaction will fund key projects across transmission, distribution, and generation, helping AEP manage its equity financing requirements through 2029. ...

Should you buy KKR & Co (KKR)?

Currently, the analyst consensus on KKR & Co is a Strong Buy with an average price target of $170.85, which is a 21.23% upside from current levels. In a report released on January 8, Deutsche Bank also maintained a Buy rating on the stock with a $176.00 price target. ...

Did electricity rates double or triple in the Garden State?

Underlying rates didn't double or triple, but the double whammy of a price increase and heat wave has hit wallets hard in the Garden State. The BPU on Feb. 9 approved the results of the state’s annual electricity auction for PSE&G, JCP&L, Rockland Electric Co. and Atlantic City Electric. ...

Install CouponFollow Extension on Chrome

Install the CouponFollow extension to search for discount codes when shopping the fastest!

Install CouponFollow Chrome Extension   Install CouponFollow Chrome Extension