An international consortium, including Global Infrastructure Partners (GIP), EQT Infrastructure VI, CalPERS, and Qatar Investment Authority (QIA), has reached an agreement to acquire AES Corporation. The deal values the company at approximately $33.4 billion, including debt, with a cash offer of $15.00 per share. The AES Board of Directors has unanimously approved the transaction, which is still subject to shareholder and regulatory approval. This offer represents a 40.3% premium over the company's average stock price over the last 30 days. According to management, without this deal, the company would likely have had to consider cutting or eliminating its dividend and/or issuing a significant number of new shares. AES's President and CEO, Andrés Gluski, stated that the operation maximizes value for current shareholders and positions the company for long-term success. Following the expected closing in late 2026 or early 2027, AES will cease to be publicly traded and will become a private company. AES is a major power generator in Panama.
