Mergers & Acquisitions ·
Ohio PUC approves AES merger with Horizon Parent, clearing a key condition for closing
AESAes Corp
The AES Corporation announced that the Public Utilities Commission of Ohio issued an order approving its previously disclosed merger with Horizon Parent, L.P., on September 17, 2026. This regulatory approval is a condition to closing the transaction, which remains subject to additional regulatory approvals and customary conditions. Upon completion, AES will be jointly owned by investment vehicles affiliated with Global Infrastructure Management, LLC and the EQT Infrastructure VI fund. The AES Corporation operates in the electric power generation industry.