AES Indiana’s parent company agrees to be sold, will go private

INDIANAPOLIS — The parent company of AES Indiana is being sold to a group of private investors, the company announced Monday.

A consortium led by Global Infrastructure Partners (GIP), a part of BlackRock, and EQT Infrastructure has agreed to acquire The AES Corporation for $15.00 per share in cash, valuing the deal at approximately $10.7 billion in equity and an enterprise value of approximately $33.4 billion.

The deal also includes co-investors California Public Employees’ Retirement System (CalPERS) and Qatar Investment Authority (QIA)…

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