# Consortium led by GIP and EQT agrees to acquire AES for $10.7B

A consortium led by Global Infrastructure Partners and EQT has agreed to acquire AES Corporation for $15.00 per share in cash, representing a total equity value of $10.7 billion and enterprise value of approximately $33.4 billion. The transaction is expected to close in late 2026 or early 2027.

- Type: Acquisition
- Announced: 2026-03-02
- Where: Arlington, Virginia, United States
- Value: $10.7B
- Status: announced
- Products: clean energy, regulated electric utilities
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [EQT](https://endata.com/companies/3219.md) (acquirer)
- [AES Corporation](https://endata.com/companies/20282.md) (target)
- [Qatar Investment Authority](https://endata.com/companies/21405.md) (investor)
- [Global Infrastructure Partners](https://endata.com/companies/50492.md) (acquirer)
- [CalPERS](https://endata.com/companies/90619.md) (investor)

## Sources

- [aes.com](https://www.aes.com/energy-insights/consortium-led-global-infrastructure-partners-and-eqt-agrees-acquire-aes), 2026-03-02: "This transaction will better position AES to drive long-term growth across its business units, including regulated electric utilities and competitive clean energy in the U.S. and critical energy infrastructure assets in Latin America."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.