Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts 
Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises 
US Judge Dismisses Gautam Adani Criminal Charges 
ADNOC Gas Targets Up to $4B Profit in 2026 
Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico 
Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow 
Hims & Hers Shares Fall as GLP-1 Costs Widen Q2 Loss 
Alibaba Plans Revenue-Sharing Model for Qwen3.8-Max AI Commercial Users 
Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants 
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings 
OpenAI Restricts Astra AI Over Cyberattack Risks 
AMP Shares Surge 13% After Strong Profit and A$150 Million Buyback 
Treasury Wine Estates Shares Jump as U.S. Overhaul Lifts FY2026 Outlook 
Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins 
Hanwha Offers Up to $1.2 Billion for Austal US Business 
Austal Shares Surge 16% as Hanwha Offers Up to $1.2 Billion for U.S. Shipbuilding Business 
BlackRock-owned Global Infrastructure Partners (GIP) is reportedly on the verge of finalizing a massive $38 billion acquisition of U.S. utility giant AES Corp (NYSE:AES), according to the Financial Times. If completed, this would be one of the largest infrastructure takeovers in history, underscoring the growing appetite for energy and utility investments. Sources close to the matter noted that the deal could be announced within days, though discussions remain fluid and subject to change.
The proposed transaction would give AES an enterprise value of around $38 billion, factoring in its $29 billion debt, a sharp premium over its current market capitalization of $9.4 billion. News of the potential takeover fueled investor enthusiasm, with AES shares surging more than 16% in after-hours trading to $15.35. This spike comes after a challenging year for the company, which saw its stock tumble over 30% due to investor skepticism about its renewable energy strategies following the rollback of green tax incentives under the Trump administration.
AES Corp is a major player in the global power sector, operating plants across the U.S. and in 13 other countries. In recent years, the company has invested heavily in renewable energy projects, particularly in infrastructure designed to support the data center operations of technology leaders such as Microsoft (NASDAQ:MSFT), Meta (NASDAQ:META), and Alphabet (NASDAQ:GOOGL). This strategic focus positions AES at the intersection of clean energy and the surging demand for digital infrastructure.
For BlackRock (NYSE:BLK) and its infrastructure investment arm GIP, the acquisition would represent a bold expansion into renewable-focused utilities and critical power assets, aligning with long-term global trends in energy transition. If the deal moves forward, it could reshape the competitive landscape of the utility sector while highlighting investor confidence in the long-term value of sustainable energy infrastructure.
