KKR and Canada’s Public Sector Pension Investment Board are acquiring a 19.9% stake in a trio of power transmission companies ...
The proposed transaction will enable the utility’s leaders to sell far less stock in coming years as they look to fund ...
Smith upgraded American Electric Power to a Buy rating and raised the price target to $104, up from $98. The upgrade follows ...
American Electric Power plans to use proceeds from the sale of 19.9% of AEP Ohio Transmission and AEP Indiana Michigan Transmission for its five-year, $54 billion capital spending plan.
Shares of KKR & Co Inc (KKR) were in the spotlight on Tuesday after the Justice Department sued the firm and a dozen of its ...
The investment will support AEP’s ability to meet increasing customer demand and enhance grid reliability. KKR and PSP Investments have formed a 50/50 strategic partnership to pursue the ...
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 ...
(Bloomberg) — 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 will acquire a ...
As of 8:01:12 am GMT+1. Market open. American Electric Power (Nasdaq: AEP) today announced a definitive agreement for a strategic partnership between KKR and PSP Investments to acquire a 19.9% equity ...
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 ...