BlackRock’s GIP and EQT to Buy AES for $10.7 Billion

Bloomberg · Mar 2, 2026 · Collected from RSS

Summary

BlackRock Inc.’s Global Infrastructure Partners LP and EQT AB agreed to buy AES Corp. for about $10.7 billion in cash as the market heats up for power plant developers that can provide electricity for energy-hungry AI data centers.

Share this story

Read Original at Bloomberg

Bloomberg23 minutes ago

Colombia to Hit Ecuador With 50% Tariffs on Hundreds of Items

Colombia’s government is planning reciprocal tariffs of 50% on imports from Ecuador, intensifying an economically-damaging spat between the ideological foes.

Bloomberg39 minutes ago

Musk’s xAI to Buy Back $3 Billion of Debt Early in Run-Up to IPO

Elon Musk’s artificial intelligence startup xAI is planning to pay back $3 billion of junk bonds early, according to people with knowledge of the matter and data compiled by Bloomberg.

Bloomberg42 minutes ago

Venezuela’s Crude Exports Double in February Under US Oversight

Venezuela sharply increased its oil exports in February, sending roughly twice as many barrels abroad compared with the previous month, when the Trump administration first exerted control of the country’s crude sales.

Bloombergabout 1 hour ago

Travelers Flock to Oman, Saudi Arabia to Escape Dubai Dangers

The city of Muscat in Oman is typically targeted by travelers as the cultural counterpoint to nearby Dubai and its glitzy skyscrapers. But now the city is becoming a major draw for a very different kind of visitor: people stranded by airspace closings who are willing to pay a premium to evacuate.

Bloombergabout 1 hour ago

Ares Is Lead Buyer in $2.2 Billion Arcmont Secondary Sale

Ares Management Corp. emerged as the primary buyer for a private credit portfolio sold by Arcmont Asset Management in the market for secondhand stakes, according to people familiar with the matter.

Bloombergabout 2 hours ago

Key Middle East Energy Assets Come Under Fire in Iran War

Iranian attacks criss-crossing the Persian Gulf caused serious disruption to critical infrastructure and energy flows.

BlackRock’s GIP and EQT to Buy AES for $10.7 Billion

Related Articles

Colombia to Hit Ecuador With 50% Tariffs on Hundreds of Items

Musk’s xAI to Buy Back $3 Billion of Debt Early in Run-Up to IPO

Venezuela’s Crude Exports Double in February Under US Oversight

Travelers Flock to Oman, Saudi Arabia to Escape Dubai Dangers

Ares Is Lead Buyer in $2.2 Billion Arcmont Secondary Sale

Key Middle East Energy Assets Come Under Fire in Iran War

BlackRock’s GIP and EQT to Buy AES for $10.7 Billion

Related Articles

Colombia to Hit Ecuador With 50% Tariffs on Hundreds of Items

Musk’s xAI to Buy Back $3 Billion of Debt Early in Run-Up to IPO

Venezuela’s Crude Exports Double in February Under US Oversight

Travelers Flock to Oman, Saudi Arabia to Escape Dubai Dangers

Ares Is Lead Buyer in $2.2 Billion Arcmont Secondary Sale

Key Middle East Energy Assets Come Under Fire in Iran War

Related Articles

Bloomberg23 minutes ago
Colombia to Hit Ecuador With 50% Tariffs on Hundreds of Items
Colombia’s government is planning reciprocal tariffs of 50% on imports from Ecuador, intensifying an economically-damaging spat between the ideological foes.

Bloomberg39 minutes ago
Musk’s xAI to Buy Back $3 Billion of Debt Early in Run-Up to IPO
Elon Musk’s artificial intelligence startup xAI is planning to pay back $3 billion of junk bonds early, according to people with knowledge of the matter and data compiled by Bloomberg.

Bloomberg42 minutes ago
Venezuela’s Crude Exports Double in February Under US Oversight
Venezuela sharply increased its oil exports in February, sending roughly twice as many barrels abroad compared with the previous month, when the Trump administration first exerted control of the country’s crude sales.

Bloombergabout 1 hour ago
Travelers Flock to Oman, Saudi Arabia to Escape Dubai Dangers
The city of Muscat in Oman is typically targeted by travelers as the cultural counterpoint to nearby Dubai and its glitzy skyscrapers. But now the city is becoming a major draw for a very different kind of visitor: people stranded by airspace closings who are willing to pay a premium to evacuate.

Bloombergabout 1 hour ago
Ares Is Lead Buyer in $2.2 Billion Arcmont Secondary Sale
Ares Management Corp. emerged as the primary buyer for a private credit portfolio sold by Arcmont Asset Management in the market for secondhand stakes, according to people familiar with the matter.

Bloombergabout 2 hours ago
Key Middle East Energy Assets Come Under Fire in Iran War
Iranian attacks criss-crossing the Persian Gulf caused serious disruption to critical infrastructure and energy flows.