Mergers & AcquisitionsMedium•24 August 2026•
1 min read

GIP and EQT Consortium to Acquire AES Corporation for $15 Per Share

Key Facts

1A consortium led by BlackRock's GIP and EQT will acquire AES Corporation for $15 per share in cash.
2The acquisition deal is expected to close in late 2026 or early 2027.

In a move reflecting the growing appetite for infrastructure and energy assets, a consortium led by BlackRock's Global Infrastructure Partners (GIP) and EQT has announced an agreement to acquire AES Corporation. Under the terms of the deal, shareholders will receive $15 per share in cash, effectively capping the potential upside for current retail investors. The acquisition is expected to finalize in late 2026 or early 2027, according to analyst reports.

The buyers see long-term value in AES's growth opportunities despite the company's current debt challenges. This transaction highlights the consortium's strategy to capture infrastructure growth through a fixed-price offer that limits future volatility for existing shareholders.

With no immediate corporate catalysts in the upcoming calendar, focus remains on regulatory approvals required for the deal. Market participants may also monitor broader sentiment following the UK CPI inflation data scheduled for August 19, 2026, which could impact global infrastructure investment appetite.