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  • American Electric Power (AEP.US) plans to sell its transmission business shares for 2.8 billion USD.

美國電力(AEP.US)擬以28億美元出售輸電業務股份

American Electric Power (AEP.US) plans to sell its transmission business shares for 2.8 billion USD.

AASTOCKS ·  Jan 10 06:34

American Electric Power (AEP.US) has agreed to sell a stake in its transmission business to strategic partners KKR and PSP Investments.

According to a news release published on Thursday, the partnership will acquire 19.9% of American Electric Power's transmission company in Ohio and Indiana for $2.8 billion.

According to its website, American Electric Power's transmission system has 0.064 million kilometers of power lines, making it the largest power transmission system in the United States.

The translation is provided by third-party software.


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