BlackRock Acquisition of AES in the Works

10/10/2025

Global Infrastructure Partners, backed by BlackRock, is in advanced talks to acquire AES Corporation in a deal potentially exceeding $40 billion. AES has rapidly expanded its renewable energy portfolio amid reported rising U.S. power demand—driven by AI and data center growth.

For Ohio manufacturers, this signals a shift toward cleaner, more robust energy infrastructure. The outcome could impact energy costs and supply stability, key factors for industrial competitiveness. AES operates the electric utility system formerly known as Dayton Power & Light (DPL). Read more. 10/9/2025

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