AES Corporation — diversified global power company with ~35 GW of generation across US and international markets
BlackRock GIP leads consortium with EQT Infrastructure VI, CalPERS and Qatar Investment Authority to acquire AES at $15/share cash, a 40.3% premium to 30-day VWAP. AES taken private; AES Indiana and AES Ohio remain locally regulated utilities. Driven by surging AI/data center power demand. Close expected late 2026 or early 2027.
$33.40B
Deal Value
35,000MW
Capacity
Diversified
Technology
Multi-state
Location
Deal Details
- Deal Type
- Take-Private Acquisition
- Seller / Sponsor
- AES Corporation (NYSE: AES)
- Buyer / Financier
- Global Infrastructure Partners (BlackRock) / EQT Infrastructure VI / CalPERS / Qatar Investment Authority
- Deal Value
- $33.4B enterprise value ($10.7B equity at $15/share)
- Stage
- Agreement Signed
- ISO/RTO
- Multiple
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