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KKR and PSP Acquire Minority Stake in AEP Ohio's Transmission Companies
Jan 10, 2025•over 1 year ago
Contract Type
partnership
OhioManufacturingEnergy
Description
Global investment firm KKR and the Public Sector Pension Investment Board (PSP) 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. The investment will support AEP’s ability to meet increasing customer demand and enhance overall grid reliability.
Company Information
Company
American Electric Power Ohio
Location
Ohio, United States
About
American Electric Power Ohio (AEP) is a major electric utility company based in Ohio, USA, and operates the nation's largest electric transmission system.
Predictive Intelligence
Strategic
ML-powered predictions for American Electric Power Ohio's next move
OhioManufacturingEnergy