StockWatch
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Electric Utilities: Central
MergerSep 17, 2026, 04:46 PM

AES Corp Merger Receives Ohio Regulatory Approval

AI Summary

The AES Corporation announced that the Public Utilities Commission of Ohio has issued an order approving the previously announced merger with Horizon Parent, L.P. This approval is a condition for the closing of the merger, which is also subject to other customary closing conditions and regulatory approvals. Upon completion, the company will be jointly owned by investment vehicles affiliated with Global Infrastructure Management, LLC, the EQT Infrastructure VI fund, and other investors.

Key Highlights

  • The Public Utilities Commission of Ohio has approved the merger between The AES Corporation and Horizon Parent, L.P.
  • The merger is a condition to the closing of the transaction, subject to additional regulatory approvals.
  • Upon closing, The AES Corporation will be jointly owned by investment vehicles affiliated with Global Infrastructure Management, LLC and the EQT Infrastructure VI fund, along with other investors.