Why KKR Is Buying AEP Transmission Stake for $2.8 Billion
Brandon Freiman, KKR partner and head of North American infrastructure, discusses American Electric Power agreeing to sell a minority stake in its transmission business to KKR and Canada's PSP Investments for $2.
KKR, PSP acquire minority stake in two of AEP Ohio's transmission companies
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 (AEP) Indiana and Michigan transmission companies for $2.82 billion.
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.
AEP to divest stake in transmission companies to KKR, PSP for $2.82bn
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 transmission-only utilities responsible for building,
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.
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 ...
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Biden boosted investment in the electric grid. What will Trump do?
Meeting electricity demand for big tech data centers could give Trump reason to get behind major wires projects.
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2 investors to buy minority stake in AEP Transcos, including Indiana Michigan Power
American Electric Power will sell a minority stake – nearly 20% equity interest – in Fort Wayne-based Indiana Michigan Power ...
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The Role of Power Transformers in Electrical Grids
Design engineers should know how transformers work so they can design machinery that operates optimally within the proper ...
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.
9 US electric power sector issues to watch in 2025
From rising electricity prices and demand to emerging opportunities and challenges around nuclear energy, virtual power plants, renewables and more, we’ve highlighted nine of the most important issues ...
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Restoration Efforts Continue Following Complete Blackout of Puerto Rico’s Power Grid
LUMA, Puerto Rico’s electric power transmission and distribution system operator, has struggled to restore power to some of ...
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 ...
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Around 9,000 SDG&E customers without power as high winds continue
Nearly 9,000 San Diego Gas & Electric customers were without power Wednesday afternoon due to Public Safety Power Shutoffs, ...
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Cut the Cord: Wireless Power Transmission for Cars Is Coming
Here’s how you might be able to ditch the wiring connection on your next Jeep Wrangler’s removable doors but keep power ...