AES AES CORP

BULLISH Impact: 9/10 DEFA14A
Horizon months Filed Mar 2, 2026 Processed 3mo ago SEC 0001193125-26-084164
Proxy solicitation materials
Final — all horizons settled through T+60d ⚠ clustered
AES ▲ +4.51% at T+60d
LONG call ✓ call won +4.51% · α vs SPY -4.82% · entry $14.04 → $14.67
Last close $14.71 (close Jun 8) · +4.80% from $14.04 entry
Entry anchored
Mar 2, 07:08 AM ET
via Databento tick
T+1d
+1.02%
call +1.02% · α +1.93%
$14.18
settled 3mo ago
T+5d
+1.09%
call +1.09% · α +2.30%
$14.19
settled 3mo ago
T+20d
-0.12%
call -0.12% · α +7.82%
$14.02
settled 2mo ago
T+60d
+4.51%
call +4.51% · α -4.82%
$14.67
settled 14d ago

Price Chart

Loading chart...

Executive Summary

AES Corp has agreed to be acquired by a consortium led by Global Infrastructure Partners and EQT Infrastructure VI for $15.00 per share in cash, valuing the equity at $10.7 billion. The deal, which represents a 40.3% premium to the pre-announcement share price, is expected to close in late 2026 or early 2027, subject to shareholder and regulatory approvals. Concurrently, the company appointed Ricardo Falú as President and Juan Ignacio Rubiolo as COO.

Actionable Insight

The premium offer and strong backing from experienced infrastructure investors suggest this is a compelling deal for shareholders. Traders should monitor for any potential competing bids, which could increase the offer price, and track the progress of regulatory approvals, which are critical for deal closure.

Key Facts

  • AES Corp is being acquired for $15.00 per share in cash, a 40.3% premium to the 30-day volume-weighted average share price.
  • The total equity value of the transaction is $10.7 billion, with an enterprise value of approximately $33.4 billion.
  • The merger is expected to close in late 2026 or early 2027, subject to shareholder approval and regulatory clearances.
  • The consortium, led by GIP and EQT, will fund the acquisition entirely with equity, with no financing contingency.
  • Ricardo Falú was appointed President, and Juan Ignacio Rubiolo was appointed COO, as part of a management transition.

Financial Impact

The transaction values AES Corp's equity at $10.7 billion, with a total enterprise value of $33.4 billion, including assumed debt.

equity valueenterprise valuedebt

Risk Factors

  • The deal is subject to regulatory approvals, including from CFIUS, FERC, and PUCO, which could be delayed or result in a Burdensome Condition.
  • Shareholder approval is required, and there is a risk of litigation challenging the transaction.

Market Snapshot

Exchange
NYSE

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
DEFA14A Filing (Primary)0001193125-26-084164
Document: 0001193125-26-084164-index-headers.html0001193125-26-084164
Document: 0001193125-26-084164-index.html0001193125-26-084164
Document: 0001193125-26-084164.txt0001193125-26-084164
7 reports for AES
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for AES — sortable, filterable
Type Now
May 4, 2026
5w ago
PREM14A
BULLISH ★ 8/10
$14.37 $14.68▲ +2.16%▼ −2.80%$14.71 (+2.37%)
Apr 16, 2026
7w ago
8-K
NEUTRAL ★ 3/10
$14.32 $14.43▲ +0.74%▼ −5.07%$14.71 (+2.70%)
Mar 20, 2026
11w ago
DEFA14A
NEUTRAL ★ 2/10
$13.91 $14.44▲ +3.82%▼ −3.60%$14.71 (+5.76%)
Mar 11, 2026
12w ago
DEFA14A
NEUTRAL ★ 3/10
$14.05 $14.39▲ +2.44%▲ +0.47%$14.71 (+4.72%)
Mar 3, 2026
14w ago
DEFA14A
NEUTRAL ★ 3/10
$14.12 $14.20▲ +0.60%▲ +5.01%$14.71 (+4.21%)
Mar 2, 2026
14w ago
DEFA14A
BULLISH ★ 9/10
$14.01 $14.09▲ +0.59%▲ +4.99%$14.71 (+5.02%)
Mar 2, 2026
14w ago
DEFA14A
BULLISH ★ 9/10
$14.04 $14.02▼ −0.12%▲ +7.82%$14.71 (+4.80%)
Showing 7 of 7

US Market Status

Market Closed — Opens in 3h 23m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access