AES shareholders approve $10.7B acquisition by Global Infrastructure Partners consortium.

AES Corporation's shareholders have approved its $10.7 billion acquisition by a consortium led by Global Infrastructure Partners, EQT Infrastructure VI, CalPERS, and Qatar Investment Authority. The deal values AES shares at $15 each in cash and includes assuming existing debt, with an enterprise value of approximately $33.4 billion. This acquisition aims to enhance AES's growth and investment flexibility in energy solutions. The transaction is expected to close by late 2026 or early 2027, pending regulatory approvals.