
Utilities · Independent Power Producers & Energy Traders
$14.69
-0.03%
Vol: 321K
Monday, June 15, 2026
No material news in the last 48 hours.
No material news in the last 48 hours.
AES Corp has come under intensified investor scrutiny after a US law firm announced a securities-fraud investigation, just months after agreeing to be acquired by a consortium led by BlackRock's Global Infrastructure Partners and EQT in a transaction valued at approximately $33.4 billion. The all-cash deal pays AES shareholders $15 per share, representing a 40.3% premium to the 30-day VWAP prior to takeover speculation, with Qatar Investment Authority and CalPERS as co-underwriters. AES issued a preliminary DEF 14A filing with the SEC on May 4 ahead of an upcoming shareholder meeting to vote on the transaction. Q1 2026 EPS came in at $0.68 versus $0.07 a year ago, with adjusted EBITDA rising to $827M from $591M. The company declared a $0.17595 quarterly dividend payable May 15, 2026. Shares closed around $14.46 on May 15, near the $15 deal price.
AES Corp has come under intensified investor scrutiny after a US law firm announced a securities-fraud investigation into the power producer. The company is set to go private through a $33.4 billion all-cash buyout led by BlackRock's Global Infrastructure Partners (GIP), with EQT Infrastructure, CalPERS, and Qatar Investment Authority as partners. Shareholders will receive $15 per share, a 40.3% premium to the pre-speculation 30-day VWAP. The deal is expected to close in late 2026 or early 2027, after which AES will delist from the NYSE. AES reported Q1 2026 EPS of $0.68 vs $0.07 a year earlier, with adjusted EBITDA rising to $827 million from $591 million. Shares traded around $14.46 as of May 15.
AES reported Q1 2026 earnings on May 13, with EPS of $0.68 versus $0.07 a year ago and adjusted EBITDA rising to $827M from $591M. The company filed a preliminary DEF 14A on May 4 ahead of a shareholder vote on its $33.4B take-private deal with a consortium led by BlackRock's Global Infrastructure Partners and EQT, with CalPERS and the Qatar Investment Authority as co-investors; AES shareholders will receive $15 per share with the deal expected to close in late 2026 or early 2027 pending regulatory approval. A US law firm announced a securities-fraud investigation into AES in May 2026, intensifying investor scrutiny. The board declared a $0.17595/share quarterly dividend paid May 15. The stock closed around $14.53 in mid-May.
No material news in the last 48 hours.
A consortium led by Global Infrastructure Partners (part of BlackRock), alongside EQT Infrastructure, CalPERS, and the Qatar Investment Authority, agreed to take AES Corp private in a $33.4 billion deal. The deal offers AES shareholders $15 per share in cash, representing a 40.3% premium to the 30-day volume-weighted average price prior to takeover speculation. Completion is expected late 2026 or early 2027. AES reported Q1 2026 results with revenue rising to $3,180 million and net income of $487 million, surpassing expectations. The company is gaining attention for its Haven Safety AI platform, a finalist for a prestigious industry award.
AES reported Q1 2026 results on May 13 with revenue of $3.18 billion and net income of $487 million, with EPS from continuing operations of $0.68, sharply higher year over year. Results were delivered while a $15-per-share take-private offer from a consortium led by BlackRock's Global Infrastructure Partners and EQT Infrastructure remains pending, with a deal value of approximately $33.4 billion. Shares closed at $14.48 — about 3.5% below the offer price — indicating modest deal-completion risk priced in by the market. Closing is expected in late 2026 or early 2027, subject to shareholder and regulatory approvals. AES highlighted strong demand growth from data centers at its Indiana and Ohio utilities. Risk: deal break could expose shares to downside given current capping near $15.
AES filed a preliminary DEF 14A proxy statement on May 4, 2026 ahead of an upcoming shareholder meeting to vote on the previously announced take-private transaction. A consortium led by BlackRock's Global Infrastructure Partners, EQT Infrastructure, CalPERS, and Qatar Investment Authority has agreed to acquire AES for $33.4 billion, with shareholders to receive $15 per share, representing a 40.3% premium to the 30-day VWAP prior to deal speculation. The transaction is expected to close in late 2026 or early 2027, pending regulatory approvals, after which AES will delist from the NYSE. The company is set to report Q1 2026 earnings on May 13 with Zacks consensus of $0.50 per share. AES also declared a $0.17595 quarterly dividend payable May 15. Shares traded between $14.31-$14.45 on May 12 near the deal price. Risk: regulatory approval timing and any conditions attached.
AES confirmed Q1 2026 earnings will be released after market close on May 13, 2026 with a May 15 conference call, and on May 11 shares traded in a tight $14.30-$14.38 range, capped by the pending BlackRock GIP/EQT/CalPERS/QIA $15-per-share take-private agreement (a 40% premium, ~$33.4B EV) targeted to close late 2026 or early 2027. Why it matters: with deal terms set, the upcoming print is a milestone primarily for credit holders, debt consent solicitations, and any regulatory/closing-condition signaling. Bear case: deal break risk from regulatory review, FX, and Latin American utility exposure could re-introduce fundamental downside if the merger arb spread widens.
AES Corp is approaching its Q1 2026 earnings report scheduled for May 13, 2026, with a pending $15-per-share acquisition by a consortium led by BlackRocks Global Infrastructure Partners and EQT Infrastructure overshadowing results. The deal is expected to close in late 2026 or early 2027 subject to shareholder and regulatory approvals. The board declared a quarterly dividend of $0.17595 per share payable May 15, 2026. CEO Andrés Gluski highlighted strong data center customer demand with PPAs delivering 12-15% returns, and confirmed no plans to issue equity through 2027. On May 10, AES traded between $14.24 and $14.38 with a market cap of $10.21B, P/E of 7.41 and 4.9% dividend yield. The company is also navigating critical consent solicitations for its debt instruments.
Consortium led by Global Infrastructure Partners (BlackRock) and EQT Infrastructure agreed to acquire AES for $15.00/share cash, representing $10.7B equity value and ~$33.4B enterprise value. Deal expected to close late 2026/early 2027, subject to shareholder and regulatory approval. Stock capped at $14.48 (3.5% below offer price). Susquehanna and Argus downgraded to Hold citing limited upside. AES was ranked top clean energy seller to U.S./Americas corporations for fifth consecutive year by BloombergNEF. Company advancing solar robotics and targeting AI data center power demand.
The AES Corporation is under pending acquisition by BlackRock Infrastructure Partners and EQT Infrastructure consortium at $15 per share ($33.4B deal), expected to close late 2026 or early 2027. Stock trades at $14.48, about 3.5% below offer price, effectively capped by deal. Earlier in March, AES delivered strong Q4 beat posting $0.81 per share vs. $0.63 consensus. Company continues navigating debt consent solicitations and advancing solar robotics technology.
AES reported Q1 2026 earnings with the pending $15-per-share acquisition by BlackRock's Global Infrastructure Partners and EQT Infrastructure looming over results. The $33.4B deal has effectively capped AES shares at $14.48, about 3.5% below the offer price, with expected close in late 2026 or early 2027 pending shareholder and regulatory approvals. Analysts expect Q1 EPS of $0.42 on revenue of $3.07B, a sequential decline from Q4's $0.81 but a 55% YoY jump. AES is advancing solar robotics technology and capitalizing on surging AI data center energy demand. Susquehanna and Argus downgraded stock to Hold recently.
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| NRGNRG | $126.70 | -7.46% | +9.1% | 12.0x | 1.31 | $28.9B |
| AESAES | $14.69 | -0.03% | +1.1% | 6.2x | 0.96 | $10.5B |
| NEENEXTERA | $85.63 | -4.53% | +0.7% | 20.4x | 0.72 | $187.1B |
| SOSOUTHERN | $93.62 | -0.66% | +0.6% | 19.2x | 0.36 | $106.2B |
| CEGCONSTELLATION | $260.28 | -8.94% | +9.1% | 21.1x | 1.16 | $103.2B |
| DUKDUKE | $124.93 | +0.22% | +1.5% | 17.4x | 0.40 | $97.2B |
Price above both MAs — bullish structure.