How Is AES Corporation's Stock Performance Compared to Other Utility Stocks

The Public Utilities Commission of Ohio approved the $33B acquisition of AES Ohio's parent company by a consortium led by Global Infrastructure Partners and EQT Infrastructure VI. AES Ohio, a utility serving 500K+ customers, will retain its operations and management. AES Corp. (NYSE: AES) will become private post-acquisition.

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 announced that Bernerd Da Santos, former Executive Vice President and President of US & Renewables, left the company on September 14, 2026. He will join Fluence Energy, Inc. AES will provide severance benefits as per its executive plan, including salary, bonus, and retirement benefits.

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.