BlackRock EQT to acquire AES for US$10.7bn

6 March 2026

AES has entered into a definitive agreement to be acquired and taken private by a consortium led by BlackRock’s Global Infrastructure Partners (GIP) and EQT Infrastructure, in a transaction valued at US$10.7 billion in equity ($15 per share) and an enterprise value of approximately US$33.4 billion. The acquisition is designed to provide AES with the capital required to expand its clean energy and utility infrastructure beyond 2027 across the Americas, El Salvador and Panama in Central America.

Source: Central America Briefing | Vol 14, Issue 5