AEP Closes on Transmission Investment Strategic Partnership With KKR and PSP Investments
June 06, 2025
June 06, 2025
COLUMBUS, Ohio, June 6 -- American Electric Power Corp. issued the following news release:
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AEP Closes on Transmission Investment Strategic Partnership with KKR and PSP Investments
* KKR and PSP Investments have jointly acquired a 19.9% equity interest investment in AEP's Ohio and Indiana Michigan transmission companies.
* The transaction proceeds will be used to support AEP's five-year, $54 billion capital plan.
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AEP Closes on Transmission Investment Strategic Partnership with KKR and PSP Investments
* KKR and PSP Investments have jointly acquired a 19.9% equity interest investment in AEP's Ohio and Indiana Michigan transmission companies.
* The transaction proceeds will be used to support AEP's five-year, $54 billion capital plan.
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