AES Acquired by Global Infrastructure Management | Energy M&A Deal

Global Infrastructure Management has acquired AES, a energy services other business in Virginia, for $15.00 in cash per share. AES operates in the energy sector, providing services and infrastructure-related capabilities that support power and energy customers. Global Infrastructure Management acquires AES to expand its energy M&A footprint through energy services other acquisition and VA acquisitions. The going private acquisition is structured as a merger with AES becoming jointly owned by investment vehicles affiliated with Global Infrastructure Management and the EQT Infrastructure VI fund, with other investors. The announced deal is a private equity acquisition and going private acquisition, with an agreement dated March 1, 2026 and a special meeting scheduled via virtual-only webcast.