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AEP to divest stake in transmission companies to KKR, PSP for $2.82bn
"AEP to divest stake in transmission companies to KKR, PSP for $2.82bn" was originally created and published by Power Technology, a GlobalData owned brand.
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.
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.
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 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.
Hosted on MSN
2h
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 ...
KPBS
1d
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, ...
T&D
17h
Western Power Undertakes More Than 200 Upgrades to Transmission Substations Across South West Interconnected System
Western Power is working on more than 200 upgrades to transmission substations across the South West Interconnected System to ...
1h
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 ...
Machine Design
2h
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 ...
Energy Central
5h
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 ...
8d
on MSN
Power has been restored to nearly all of Puerto Rico after massive outage
After some areas of Puerto Rico welcomed the New Year in the dark amid a massive failure to the island’s power grid, service ...
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