[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  TheValueist [@TheValueist](/creator/twitter/TheValueist) on x 1566 followers Created: 2025-07-09 18:12:48 UTC $AES (Bloomberg) -- AES Corp., which provides renewable power to tech giants such as Microsoft Corp., is exploring options including a potential sale amid takeover interest, people with knowledge of the matter said.Infrastructure investors including Brookfield Asset Management Ltd. and BlackRock Inc.’s Global Infrastructure Partners unit have been studying AES after the company’s shares lost about half their value over the past two years, the people said. With an enterprise value of about $XX billion, a leveraged buyout of Arlington, Virginia-based AES would still rank among the biggest of all time.Shares of AES jumped as much as XX% on Wednesday for their biggest intraday gain since 2009. The shares were up XX% to $XXXXX at 1:25 p.m. in New York, giving AES a market value of about $XXX billion after a XX% drop in the stock over the past XX months as of Tuesday.AES owns a fleet of renewable power assets, including wind and solar, as well as two utilities in Indiana and Ohio. The company aims to provide renewable power to data center companies and has signed deals with technology customers including Google, Microsoft and Inc. WATCH: Isabelle Lee reports on AES Corp. exploring options including a potential sale.There’s no certainty that any of the suitors will decide to pursue a deal for AES, the people said, asking not to be identified discussing confidential information. Representatives for AES, Brookfield and BlackRock declined to comment.“We understand the buyer interest here as AES stock trades at a fairly significant discount and has remained relatively suppressed over the past few years,” analysts for CreditSights wrote in a research note. The company must contend though with the accelerated phaseout of clean energy tax credits under the Trump administration, according to the report.Jefferies Financial Group Inc. analysts cautioned that there would be “significant hurdles” to selling the full company.While AES owns valuable assets, it’s over-levered and must contend with restrictions on cash including payment covenants, repatriation limitations, indemnifications and payment guarantees, according to the Jefferies report Wednesday by Julien Dumoulin-Smith and Paul Zimbardo. The company’s adjusted net debt is XXX times its adjusted earnings before interest, taxes, depreciation and amortization, they said.Investors are betting that the immense computing power needed for artificial intelligence and cryptocurrency mining will fuel demand for companies that can help provide it and this is driving dealmaking across the sector. This year, Blackstone Inc. has agreed to take TXNM Energy Inc. private for about $XXXX billion, and Constellation Energy Corp. reached a deal to buy Calpine Corp. for $XXXX billion.AES has seen its stock erode as US President Donald Trump has put in place anti-renewable policies including permitting restrictions, higher tariffs and, most recently, a rapid phaseout of clean energy credits as part of his budget bill. The company in May reported adjusted earnings per share for the first quarter that missed analyst estimates.While AES has reduced its international scope and pivoted toward developing mostly renewable energy, its sprawling operations and ownership of both utilities and power plants make it challenging for the company to sell a simple investment story, compared with peers in the US power sector. (Updates with analysts comments starting in sixth paragraph.) XXX engagements  **Related Topics** [bloomberg](/topic/bloomberg) [microsoft corp](/topic/microsoft-corp) [stocks](/topic/stocks) [asset management](/topic/asset-management) [acquisition](/topic/acquisition) [aes](/topic/aes) [$aes](/topic/$aes) [stocks utilities](/topic/stocks-utilities) [Post Link](https://x.com/TheValueist/status/1943010461244330119)
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TheValueist @TheValueist on x 1566 followers
Created: 2025-07-09 18:12:48 UTC
$AES (Bloomberg) -- AES Corp., which provides renewable power to tech giants such as Microsoft Corp., is exploring options including a potential sale amid takeover interest, people with knowledge of the matter said.Infrastructure investors including Brookfield Asset Management Ltd. and BlackRock Inc.’s Global Infrastructure Partners unit have been studying AES after the company’s shares lost about half their value over the past two years, the people said. With an enterprise value of about $XX billion, a leveraged buyout of Arlington, Virginia-based AES would still rank among the biggest of all time.Shares of AES jumped as much as XX% on Wednesday for their biggest intraday gain since 2009. The shares were up XX% to $XXXXX at 1:25 p.m. in New York, giving AES a market value of about $XXX billion after a XX% drop in the stock over the past XX months as of Tuesday.AES owns a fleet of renewable power assets, including wind and solar, as well as two utilities in Indiana and Ohio. The company aims to provide renewable power to data center companies and has signed deals with technology customers including Google, Microsoft and Inc. WATCH: Isabelle Lee reports on AES Corp. exploring options including a potential sale.There’s no certainty that any of the suitors will decide to pursue a deal for AES, the people said, asking not to be identified discussing confidential information. Representatives for AES, Brookfield and BlackRock declined to comment.“We understand the buyer interest here as AES stock trades at a fairly significant discount and has remained relatively suppressed over the past few years,” analysts for CreditSights wrote in a research note. The company must contend though with the accelerated phaseout of clean energy tax credits under the Trump administration, according to the report.Jefferies Financial Group Inc. analysts cautioned that there would be “significant hurdles” to selling the full company.While AES owns valuable assets, it’s over-levered and must contend with restrictions on cash including payment covenants, repatriation limitations, indemnifications and payment guarantees, according to the Jefferies report Wednesday by Julien Dumoulin-Smith and Paul Zimbardo. The company’s adjusted net debt is XXX times its adjusted earnings before interest, taxes, depreciation and amortization, they said.Investors are betting that the immense computing power needed for artificial intelligence and cryptocurrency mining will fuel demand for companies that can help provide it and this is driving dealmaking across the sector. This year, Blackstone Inc. has agreed to take TXNM Energy Inc. private for about $XXXX billion, and Constellation Energy Corp. reached a deal to buy Calpine Corp. for $XXXX billion.AES has seen its stock erode as US President Donald Trump has put in place anti-renewable policies including permitting restrictions, higher tariffs and, most recently, a rapid phaseout of clean energy credits as part of his budget bill. The company in May reported adjusted earnings per share for the first quarter that missed analyst estimates.While AES has reduced its international scope and pivoted toward developing mostly renewable energy, its sprawling operations and ownership of both utilities and power plants make it challenging for the company to sell a simple investment story, compared with peers in the US power sector. (Updates with analysts comments starting in sixth paragraph.)
XXX engagements
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