KKR and PSP Investments Acquire Minority Stake in Two American …

Jan 9, 2025  · KKR and PSP Investments Acquire Minority Stake in Two American Electric Power Transmission Companies January 9, 2025 ... Ohio and Indiana & Michigan transmission companies for $2.82 billion. ... including a description of risks that may be important to a …


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KKR And PSP Investments Acquire Minority Stake In Two American …

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Jan 9, 2025  · KKR and PSP Investments Acquire Minority Stake in Two American Electric Power Transmission Companies January 9, 2025 ... Ohio and Indiana & Michigan transmission companies for $2.82 billion. ... including a description of risks that may be important to a …

kkr.com

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KKR And PSP Investments Acquire Minority Stake In Two American …

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Jan 9, 2025  · KKR and PSP Investments Acquire Minority Stake in Two American Electric Power Transmission Companies ... announced an agreement to acquire a 19.9% interest in American …

investpsp.com

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American Electric Power To Sell Minority Stakes In 2 Transmission ...

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6 days ago  · American Electric Power to Sell Minority Stakes in 2 Transmission Companies for $2.82 Billion January 09, 2025 at 03:59 pm EST Share ... Pension Investment Board agreed to …

marketscreener.com

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2 Investors To Buy Minority Stake In AEP Transcos, Including …

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5 days ago  · American Electric Power will sell a minority stake – nearly 20% equity interest – in Fort Wayne-based Indiana Michigan Power and AEP Ohio for $2.82 billion. The Ohio-based …

journalgazette.net

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

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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 …

wsj.com

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

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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

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AEP Inks $2.8B Deal To Sell Stake In Some Transmission Companies

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2 days ago  · American Electric Power Co. Inc. executives have struck a deal to have two private-equity heavyweights acquire a minority stake in two of its transmission-only utilities. KKR and …

tdworld.com

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Morgan Lewis Counsels AEP On Minority Equity Interest …

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1 day ago  · Morgan Lewis advised American Electric Power (AEP) on a definitive agreement for the acquisition of a 19.9% equity interest in the company’s Ohio and Indiana & Michigan …

morganlewis.com

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American Electric Power: Minority Sale Provides Equity To Support ...

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6 days ago  · American Electric Power agreed to sell a 19.9% interest in Ohio and Indiana & Michigan Transmission Companies for $2.82 billion to a strategic partnership between KKR …

morningstar.com

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American Electric Power Sells Minority Interest In Transmission …

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12 hours ago  · The owner of more than 900 miles of electric transmission lines in Southwest Michigan has sold a minority interest in its utility for $2.82 billion, the proceeds of which will …

crainsgrandrapids.com

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

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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

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

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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

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American Electric Power Sells 19.9% Stake In Two Transmission …

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5 days ago  · AMERICAN ELECTRIC POWER (AEP): Free Stock Analysis Report KKR (KKR): Free Stock Analysis Report This article American Electric Power Sells 19.9% Stake In Two …

yahoo.com

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

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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 …

world-energy.org

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American Electric Power Rises After KKR, PSP Take 20% Stake

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6 days ago  · American Electric Power stock gained 2% after private equity firm KKR & Co. , along with Canada’s PSP Investments, announced a 19.9% stake in two of its units. The stake is …

tipranks.com

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Why KKR Is Buying AEP Transmission Stake For $2.8 Billion

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5 days ago  · Brandon Freiman, KKR partner and head of North American infrastructure, discusses American Electric Power (AEP) agreeing to sell a minority stake in its transmission business to …

marketscreener.com

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AEP To Sell Minority Stake In Utility Transmission Businesses For $2.8B

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5 days ago  · Ohio-based American Electric Power on Friday announced a plan to sell a minority stake in two of its subsidiaries, including one headquartered in Indiana, for $2.82 billion.

insideindianabusiness.com

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American Electric Asset Sale Eases Balance Sheet Overhang, Says …

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5 days ago  · After American Electric (AEP) Power announced the sale of a minority equity interest in its transmission assets as consortium formed by KKR and PSP will acquire a 19.9% …

yahoo.com

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American Electric Power Is Attractive Going Forward, Analyst …

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2 days ago  · The analyst upgraded the stock after the company announced the sale of a 19.9% minority stake in its transmission holding assets for $2.8 billion, along with the appointment of …

benzinga.com

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

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. ...

Why did AEP sign a $54 billion deal with AEP?

The deal is expected to boost AEP’s ability to finance its $54 billion capital investment plan over the next five years. The partnership will also allow AEP to improve the reliability of its transmission infrastructure and strengthen its balance sheet, to meet growing customer demand in the Midwest. ...

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