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AES Nears Acquisition with Strong Slate of Renewable Projects



March 9, 2026–Written by Will Ploch, Assistant Editor-in-Chief for IIR News Intelligence (Sugar Land, Texas)–Executives at AES Corporation were positive about the energy company’s overall results for 2025, as they kicked off what likely will be AES’ final year as an independent company. A consortium led by Global Infrastructure Partners, a subsidiary of BlackRock Incorporated, and EQT AB has agreed to acquire AES in a $33.4 billion deal (including debt), expected to close by early 2027.

Industrial Info is tracking more than $48 billion worth of active and proposed projects from AES, including more than $32 billion worth across the U.S. AES executives said private ownership will improve access to capital and better position the company for long-term growth across its business units, including its assets in Latin America.

Other companies featured: California Public Employees Retirement System, Qatar Investment Authority, Vestas A/S, AES Brasil



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