Post by Global Infrastructure Partners (GIP)
84,334 followers
We are thrilled to announce that Global Infrastructure Partners (GIP), a part of BlackRock, as part of a consortium with EQT Group, CalPERS and Qatar Investment Authority (QIA), has agreed to acquire The AES Corporation, a leading global energy company. This transaction will help accelerate AES’s long-term growth amid growing power demand globally. Improved access to capital and enhanced financial flexibility will enable the company to invest more in critical infrastructure so that it can continue to deliver reliable energy solutions to its customers. GIP shares AES’ commitment to safety, affordability and customer service. With deep experience investing in critical energy infrastructure businesses and industry-leading operational capabilities, we look forward to helping AES grow and create value for all stakeholders. https://bit.ly/4aWyZXF