AES Corporation — diversified global power company with renewable energy portfolio
Landmark utility take-private by infrastructure investors. GIP/EQT-led consortium acquires AES at $15/share. Signals major institutional conviction in energy transition infrastructure. Expected close late 2026.
$10.70B
Deal Value
12,700MW
Capacity
Hybrid
Technology
Multi-state
Location
Deal Details
- Deal Type
- Corporate
- Seller / Sponsor
- AES Corporation (shareholders)
- Buyer / Financier
- GIP (BlackRock) + EQT + CalPERS + QIA
- Deal Value
- $10.7B equity ($33.4B EV)
- Stage
- Operating
- ISO/RTO
- Multiple
- Source
- PR Newswire
Service Providers
Advisory & Legal
- Target Counsel
- Skadden Arps, Davis Polk & Wardwell
- Buyer Counsel
- Kirkland & Ellis
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