KKR and PSP Investments Acquire 19.9% Stake in AEP's Ohio and Indiana Michigan Transmission Firms to Boost Infrastructure Development

Reuters

12 Jun

KKR and PSP Investments Acquire 19.9% Stake in AEP's Ohio and Indiana Michigan Transmission Firms to Boost Infrastructure Development

American Electric Power Company Inc. $(AEP)$ has announced a strategic partnership with KKR and PSP Investments, who have jointly acquired a 19.9% equity interest in AEP's transmission companies operating in Ohio and Indiana Michigan. This investment is set to bolster infrastructure development across AEP's service territories in these regions, supporting future growth opportunities. The collaboration aims to enhance the reliability and availability of power, aligning with AEP's commitment to meeting the increasing energy demand and fueling economic growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AEP - American Electric Power Company Inc. published the original content used to generate this news brief on June 11, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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AEP - American Electric Power Company Inc. published the original content used to generate this news brief on June 11, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250611:nNDL2rpfrR:1","article_id":"2542308395","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542308395","pubTimestamp":1749674567,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"KKR and PSP Investments Acquire 19.9% Stake in AEP's Ohio and Indiana Michigan Transmission Firms to Boost Infrastructure Development. American Electric Power Company Inc.  has announced a strategic partnership with KKR and PSP Investments, who have jointly acquired a 19.9% equity interest in AEP's transmission companies operating in Ohio and Indiana Michigan. This investment is set to bolster infrastructure development across AEP's service territories in these regions, supporting future growth opportunities. The collaboration aims to enhance the reliability and availability of power, aligning with AEP's commitment to meeting the increasing energy demand and fueling economic growth.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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