INDIANAPOLIS — Indianapolis City-County Councilor Michael-Paul Hart has his concerns about AES potentially being bought out by the private equity firm, BlackRock.
On Monday, the AES Corporation announced that it will be acquired by a consortium of global investors, including the EQT Infrastructure VI fund and Global Infrastructure Partners, which is a part of BlackRock. 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. The total enterprise value of the sale is around $33.4 billion. If unanimously approved by AES’s board, the deal could close in late 2026 or early 2027, pending shareholder and regulatory approvals…