Arlington power company AES is set to be purchased by a BlackRock-led consortium and go private by early 2027.

A consortium of investors including BlackRock’s Global Infrastructure Partners and investment group EQT agreed to acquire AES for $10.7 billion.

The transaction is the latest big announcement in a hot market for US power and utilities mergers and acquisitions, as companies jostle for position in anticipation of AI-driven demand spike.

Indianapolis City-County Councilor Michael-Paul Hart said AES operations won't change in the deal with BlackRock, but the ...

AES, the parent company of AES Indiana, announced Monday that it has agreed to be acquired in a $33 billion deal by a ...

BlackRock won't pay nearly as much for AES as investors thought.

A consortium led by BlackRock's Global ⁠Infrastructure ⁠Partners and Swedish private-equity firm EQT ⁠AB has agreed to buy U.S. power company AES Corp for $33.4 billion, including ​debt, in one of the ...

Sparking fears of increased rates, private equity firms will acquire AES, including the company's Indiana utilities. What to ...

A consortium led by BlackRock’s Global Infrastructure Partners (GIP) and U.S. gas giant EQT Corp. (NYSE:EQT) have agreed to ...

A consortium led by BlackRock and EQT is set to acquire AES in a US$33.bn deal, in which stokholders will receive US$15 per ...

BlackRock-owned ⁠Global ⁠Infrastructure Partners and ⁠equity firm EQT AB ​are in advanced talks to acquire ‌U.S.-based ...

A consortium of companies led by Global Infrastructure Partners (GIP) is set to acquire US utility AES Corporation in a US$10.7 billion deal.