BlackRock and EQT Invest $33 Billion in AES

BlackRock and EQT are making a $33 billion investment in AES, a utility company that owns and operates power plants, signaling a bet on future electricity demand.

2 Mar, 14:20 — 2 Mar, 14:20

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FTVery High50d ago

BlackRock and EQT make $33bn bet on electricity demand with AES swoop

Utility which owns and operates power plants in US and other countries has struggled on stock market

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BlackRock and EQT Invest $33 Billion in AES

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BlackRock and EQT make $33bn bet on electricity demand with AES swoop

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