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KKR, PSP and American Electric Power
KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion
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. Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?
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.
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.
Machine Design
20h
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 ...
22h
on MSN
Did power lines help start the L.A. fires? What we know.
Hundreds of homes in the Altadena area still had power when a fire erupted there, according to a grid-monitoring company and ...
E&E
2d
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.
journalgazette
18h
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 ...
3d
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 ...
4d
on MSN
Carroll lawmakers plan to support statewide measures to hamper power line project
Carroll County lawmakers to introduce energy bills in Maryland General Assembly targeting the Piedmont Reliability Project.
10d
Debate on energy and environment obliterated by power line controversy in 2024
The planet's getting warmer, energy demands are higher and costs are skyrocketing, but policymakers were distracted this year ...
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