AES Corporation AES

The AES Corporation is currently navigating a $1.5 billion funding gap while advancing toward a $10.7 billion acquisition by Global Infrastructure Partners and EQT. This move comes as the company aims to expand its renewable energy capacity significantly by 2027, amidst a backdrop of increased revenue but also a substantial debt burden of $31 billion. Recent financial results show a promising increase in EBITDA from renewables, with AES committing not to issue new equity until 2027. This acquisition has garnered attention from investors and underscores AES's firm position in the clean energy sector, despite ongoing financial challenges.