From Dealroom · · 50s
BlackRock's AES Buyout Faces FERC Pushback
BlackRock's $33.4B AES buyout faces lawmaker pushback at FERC over ratepayer impact.
In brief
BlackRock's $33.4B AES buyout faces lawmaker pushback at FERC over ratepayer impact. BlackRock's $33.4 billion buyout of AES Corporation faces FERC pushback from lawmakers over potential ratepayer impact in Indiana and Ohio. Originally reported by Dealroom.
BlackRock's $33.4B AES Buyout
BlackRock's Global Infrastructure Partners leads a $33.4 billion buyout of AES Corporation including $10.7 billion debt.
Lawmakers Push for FERC Rejection
Senator Elizabeth Warren and four House representatives asked FERC to reject the sale on September 28, 2026, citing ratepayer impact.
Data Center Conflict
GIP owned 40 data centers before buying Aligned Data Centers for $40 billion, raising cross-subsidization concerns.
State Approvals
Ohio and Indiana utility commissions approved AES's data center plans with Google covering 100% of costs for its 390-megawatt facility.
At a glance
BlackRock's $33.4 billion buyout of AES Corporation faces FERC pushback from lawmakers over potential ratepayer impact in Indiana and Ohio.
