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Private equity firms acquire AES Ohio

PRIVATESep 18, 2026about 3 hours ago

Acquiring Company

Blackrock-owned Global Infrastructure Partners

Acquired Company

AES Ohio

New YorkCentral & OhioFinancial Services

Description

Regulators have approved the acquisition of AES Ohio by a group of private equity firms. This deal will convert AES Ohio from a publicly traded company into a private entity. The acquisition is valued at $33.4 billion and includes AES Indiana as well. The utility will continue its operations and customer service without changes.

Company Information

Company

Blackrock-owned Global Infrastructure Partners

Location

New York, New York, United States

About

Global Infrastructure Partners is an independent, private equity firm that invests in infrastructure assets. It focuses on sectors such as transportation, energy, and water. The firm manages a significant amount of capital and aims to achieve strong financial returns for its investors. It operates worldwide, encompassing a diverse portfolio.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired AES Ohio?

AES Ohio was acquired by Blackrock-owned Global Infrastructure Partners, based in New York. The deal was reported on September 18, 2026. Global Infrastructure Partners is an independent, private equity firm that invests in infrastructure assets. It focuses on sectors such as transportation, energy, and water. Blackrock-owned Global Infrastructure Partners is privately held and operates in Financial Services.

When did Blackrock-owned Global Infrastructure Partners acquire AES Ohio?

Blackrock-owned Global Infrastructure Partners's acquisition of AES Ohio was reported on September 18, 2026. Regulators have approved the acquisition of AES Ohio by a group of private equity firms. This deal will convert AES Ohio from a publicly traded company into a private entity. The acquisition is valued at $33.4 billion and includes AES Indiana as well. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does AES Ohio do?

AES Ohio provides electric transmission and distribution service to more than 527,000 customers across its 6,000-square-mile service territory in west central Ohio. It is privately held, and is based in Central & Ohio.

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