private-equity

EQT Infrastructure is leading a consortium to acquire AES Corporation's infrastructure platform for over $12 billion, part of a broader private equity push into energy assets. PE firms have deployed over $23 billion into energy and infrastructure globally in the past year, targeting the estimated $3-5 trillion in transition investment needed by 2030.

EQT Infrastructure and Global Infrastructure Partners are acquiring US utility operator AES Corporation, joining a wave of private equity firms pivoting toward infrastructure mega-deals. The shift reflects global pressures: record capital reserves seeking deployment and energy transition demands that exceed traditional utility financing capacity across developed markets.