KKR: joint acquisition of AEP assets for $2.82bn

(CercleFinance.com) - KKR and PSP Investments announce the joint acquisition of 19.
9% of American Electric Power's (AEP) transmission assets in Ohio, Indiana and Michigan for $2.82bn.

AEP, one of the largest electric utilities in the US, will use this investment to meet growing demand and enhance system reliability.

The agreement supports AEP's five-year investment plan, with AEP retaining majority ownership of these assets.

The partners emphasize the strategic alignment of this investment with energy transition and industrial resilience.


Copyright (c) 2025 CercleFinance.com. All rights reserved.