AES Announces Executive Leadership Transition in Clean Energy

AES has received approval from the Public Utilities Commission of Ohio for its merger with Horizon Parent, L.P. The deal, announced in March 2026, requires further regulatory clearances. Upon completion, AES will be jointly owned by Global Infrastructure Management and EQT Infrastructure VI, marking a step toward privatization.

AES received approval from the Public Utilities Commission of Ohio for its planned merger with Horizon Parent, scheduled for March 2026. The merger is still subject to additional regulatory approvals and customary closing conditions. Upon completion, AES will be jointly owned by Global Infrastructure Management, EQT Infrastructure VI, and other investors. The company acknowledged potential risks, including regulatory, litigation, and operational uncertainties. According to the company.

AES CORP (AES) filed an SEC Form 8-K — Other Events. Item 8.01. Other Events. As previously announced, on March 1, 2026, The AES Corporation (the “ Company ”) entered into an Agreement and Plan of Merger (as it may be amended from time to time, the “ Merger Agreement ”), by and among the Company, Horizon Parent, L.P., a Delaware li

AES received CFIUS approval for its $33.4 billion acquisition by a consortium led by BlackRock's Global Infrastructure Partners and EQT Infrastructure. The deal values AES at $15 per share, or $10.7 billion in equity. The transaction is expected to close in late 2026 or early 2027, pending further regulatory approvals.

Ohio Rep. Tristan Rader urges PUCO to hold hearings before deciding on a $10.7B deal to privatize Dayton’s electric utility, AES. The consortium includes Qatari, Swedish, and U.S. investors. PUCO staff supports the deal, citing no expected rate impacts. Critics raise concerns about transparency and potential conflicts of interest.

Sangamon County approved the Chatham solar project in 2021, and construction is expected to start in August. The 100 MW site will send at least 25% of output to CWLP, with CWLP later approving a contract to buy 25 MW for $13.45 million annually. AES is expected to be privatized via a $10.7 billion deal led by Global Infrastructure Partners, with $15 per share to shareholders, pending approval and closing late 2026 or early 2027.