EQT, GIP Move to Take AES Private in $33B Bet on Data Center Power Demand
by Sonal Patel from POWER Magazine on (#7405B)
A private equity-led consortium has agreed to take AES Corp. private in a $33.4 billion deal that-if completed-will shift one of the largest U.S.-listed power companies and a major datacenter renewables supplier into private ownership. AES's board says the move, which comes as load growth and capital needs are rising across the sector, is designed [...]
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