AES Corp Merger Receives EU and NY Regulatory Approvals

The AES Corporation announced that the European Commission unconditionally approved its proposed merger on October 15, 2026. Subsequently, on October 19, 2026, the New York Public Service Commission issued a ruling that the merger requires no further review under New York Public Service Law. These approvals are conditions for the closing of the merger, which is still subject to other regulatory approvals and customary closing conditions. The merger, initially announced on March 1, 2026, will result in the company being jointly owned by investment vehicles affiliated with Global Infrastructure Management, LLC, the EQT Infrastructure VI fund, and other investors.