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PSP Investments, AEP and KKR
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 to take minority stake in AEP’s transmission companies for $2.82bn
KKR and PSP Investments have agreed to acquire a minority stake in American Electric Power’s Ohio and Indiana and Michigan transmission companies for $2.82 billion. Founded in 1906, AEP is a US-based electric utility that serves customers across 11 states.
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.
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.
1d
on MSN
Is American Electric Power Company, Inc. (AEP) the Best Utility Stock to Buy According to Hedge Funds?
We recently compiled a list of the 12 Best Utility Stocks to Buy According to Hedge Funds. In this article, we are going to ...
stocknews
1d
3 Electric Utility Stocks Powering Up Consistent Dividends
The utilities industry is well-poised for significant growth and expansion, driven by ever-surging demand, evolving ...
4d
AEP names Trevor Mihalik as CFO
Utility firm American Electric Power said on Tuesday it has named Trevor Mihalik as its chief financial officer, effective ...
WVVA
14h
AEP responds to proposed Virginia bill that would allow customers to possibly switch providers
Appalachian Electric Power (AEP) has responded to a bill introduced in the 2025 session of the Virginia General Assembly that ...
Energy Central
1d
AEP reaches settlement with Ohio regulators on smart grid plan
AEP Ohio, an American Electric Power (AEP) company, filed a stipulation with the Public Utilities Commission of Ohio (PUCO) ...
4d
AEP Names Seasoned Energy Executive Trevor Mihalik Executive Vice President & Chief Financial Officer
American Electric Power (Nasdaq: AEP) has named Trevor I. Mihalik executive vice president and chief financial officer ...
23h
American Electric asset sale eases balance sheet overhang, says Morgan Stanley
Power announced the sale of a minority equity interest in its transmission assets as consortium formed by KKR and ...
1d
Tazewell County lawmaker files 'AEP Accountability Act' in the General Assembly
RICHMOND, Va. — A bill filed this week in the Virginia General Assembly would address the high electric utility bills area residents have to pay. Senator Travis Hackworth, R — Tazewell, filed Senate ...
Energy Central
1d
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 ...
WVVA
1d
Proposed bill would give Virginia AEP customers options on choosing electricity provider
A bill has been filed in the 2025 Viginia General to give AEP (Appalachian Electric Power) customers an option to select ...
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