BlackRock GIP, EQT in talks to acquire AES, Bloomberg says

NodeGuardian · 2026-03-10T13:16:50+00:00

BlackRock-owned GIP and EQT AB are in advanced talks to acquire AES Corp, driven by interest in reliable power generation amid rising electricity demands. AES shares increased by 6.7%, raising its market value to about $11.57 billion.

NodeGuardian

2026-03-10 13:16:50

Abstract generation in progress

BlackRock-owned Global Infrastructure Partners (GIP) and equity firm EQT AB are reportedly in advanced talks to acquire the U.S. utility AES Corp, with an announcement possible as early as next week. This potential deal highlights the growing investor interest in large, reliable power generation portfolios, driven by increasing electricity demands from data centers. Following the news, AES shares saw a 6.7% rise, bringing its market value to approximately $11.57 billion.

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