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AEP Secures Minority Equity Interest Investment in Ohio and Indiana & Michigan Transmission Companies

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Jan 09, 2025, 12:00 PM PST

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A 50/50 strategic partnership between KKR and PSP Investments agrees to acquire 19.9% non-controlling equity interest in two AEP Transcos for $2.82 billion Transaction provides highly efficient financing to support AEP’s five-year, $54 billion capital investment plan, enhance reliability…