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EP Kentucky Transco

Company Summary

Description

AEP Kentucky Transco is a regulated transmission business with assets exclusively in Kentucky.

Recent news

  • 10/27/2021 - AEP Selling Kentucky... (subscriber access)

Company Transactions

Date: 4/15/2022
Type: Acquisition

BUYERS:
  • Algonquin Power
    • SELLERS:
  • American Electric Power (AEP)
  • EP Kentucky Transco
  • Kentucky Power Co
    • DETAILS:

    COST: 2.846 $B

    NOTES:
    AEP has reached a deal to sell its Kentucky operations, including Kentucky Power and AEP Kentucky Transco, to Algonquin Power & Utilities, for a $2.846 billion enterprise value. The deal will close in 2Q22.