AES sale sparks rate concerns
INDIANAPOLIS (WISH) — The AES Corp. announced Monday that it will be acquired by a consortium of global investors, according to a press release.
The consortium includes Global Infrastructure Partners, a part of BlackRock, and the EQT Infrastructure VI fund. Two underwriters of the deal, the California Public Employees’ Retirement System and the Qatar Investment Authority, are also part of the purchasing group.
The deal values the energy company at a total equity value of $10.7 billion. Including the assumption of existing debt, the total enterprise value of the sale is around $33.4 billion…