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acquisitionAnnounced · Mar 2, 2026Power UtilitySource · CredibleArticle · Factual
AES
BlackRock, EQT Corp.
AES · BlackRock, EQT Corp.

BlackRock, EQT Corp. acquires AES

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
$33.4B
Target
AES
AES
NYSE: AES · Arlington, Virginia
Acquirer
BlackRock, EQT Corp.
BlackRock, EQT Corp.
Full Acquisition
Status
Announced

BlackRock, EQT Corp. agreed to acquire AES. Reported deal value: $33.4B. Status: Announced. Sector: Power Utility. Target headquarters context: Arlington, Virginia, United States.

This page summarizes publicly available information about the transaction as of 2026-03-02. Figures and status may change as filings and press coverage update.

A consortium led by BlackRock Global Infrastructure Partners GIP and U.S. gas giant EQT Corp . NYSE EQT have agreed to acquire global power utility , AES Corp . NYSE AES , for $15 per share in cash, totaling an enterprise value of approximately $33.4 billion

Deal timeline

Announced
Mar 2, 2026 · oilprice.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Power Utility with a reported deal value of $33.4B. Figures and status may change as sources update.

Sources: oilprice.com · Primary article · FireStrike proprietary index