AES Ohio's parent company is set to be acquired for $33 billion, with investors offering $15 per share. This deal, involving AES Corp., Global Infrastructure Partners, and the EQT Infrastructure VI fund, is expected to position AES for long-term growth, particularly in regulated electric utilities and clean energy. The transaction aims to enhance AES's access to capital, enabling investments in critical energy infrastructure and reliable energy solutions. The acquisition follows months of speculation, with Global Infrastructure Partners, owned by BlackRock, reportedly in talks since last fall. AES Ohio, serving 527,000 customer accounts in West Central Ohio, has a rich history, including a 100-year-old predecessor, Dayton Power and Light Co., which merged with AES in 2011. The deal's completion marks a significant shift in the energy sector, with potential implications for regional electric costs and the future of energy infrastructure.
