GIP Nears $38 Billion Acquisition of AES Amid Surging Demand ...Middle East

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GIP Nears $38 Billion Acquisition of AES Amid Surging Demand
source : Devdiscourse ( Middle East ) () 95
BlackRock-backed Global Infrastructure Partners is reportedly close to securing a $38 billion deal, including debt, for the acquisition of utility giant AES, per a Financial Times report. This move comes amidst a spike in power demand driven by artificial intelligence and the increasing prevalence of data centers.

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