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.
Shapiro says this ‘broken process’ could lead to higher electricity costs. Here’s what to know.
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Energy Central3h
AEP Secures Minority Equity Interest Investment in Ohio and Indiana & Michigan Transmission Companies
A 50/50 strategic partnership between KKR and PSP Investments agrees to acquire 19.9% non-controlling equity interest in two ...
Power Technology3h
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 Transmission Companies (Transcos) ...
Shapiro: ‘Broken process’ could lead to higher electricity costs. Here’s what to know.
Pennsylvanians could face higher electricity bills if federal regulators don’t force the state’s grid operator to fix a ...
The Daily News Online6h
An Avonian in D.C.: How a local woman helped set Carter’s energy policy
Born the same year as Carter in Pennsylvania, Sheldon moved to Avon as an infant and lived 17 years in her grandparents’ ...
BlackRock seeks to push FDIC bank oversight deadline to March
BlackRock has asked the U.S. Federal Deposit Insurance Corporation to extend its deadline to reach an agreement on how the ...
TotalEnergies to pay $5 million to settle US FERC natgas manipulation case
A unit of French energy company TotalEnergies agreed to pay $5 million to settle claims by U.S. energy regulators that it and ...
JD Supra18h
FERC Proposes Landmark Penalty for Alleged Energy Efficiency Resource Capacity Market Manipulation
On December 16, 2024, the Federal Energy Regulatory Commission (FERC or the Commission) issued an Order to Show Cause and Notice of Proposed ...
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 ...
Opinion: More state involvement in power grid upgrades will help keep the lights on and support job growth
Surging electricity demand calls for immediate power grid upgrades. State involvement in those upgrades will boost job growth ...