In today’s briefing:
- AES Draws Takeover Buzz: Why Brookfield and BlackRock May Be Circling the $40B Clean Energy Giant
AES Draws Takeover Buzz: Why Brookfield and BlackRock May Be Circling the $40B Clean Energy Giant
- AES Corp., a major player in renewable and utility power with deep ties to Big Tech, is now exploring strategic options including a potential sale, according to reports.
- The Arlington, Virginia-based company has caught the eye of infrastructure giants such as Brookfield Asset Management and BlackRock’s Global Infrastructure Partners (GIP) after its stock plummeted nearly 50% over the past two years.
- The stock rebounded sharply—up nearly 20% in a day—amid reports of the takeover interest, bringing its market cap to around $9.4 billion, though its enterprise value still hovers around $40 billion due to high leverage.
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