Your email has been successfully added to our mailing list.

×
0 0 0 -0.000345679012345625 0.0028218694885361 0.0010582010582011 0.0010582010582011 0.0010582010582011
Stock impact report

PE buys up utilities to power AI boom [Yahoo! Finance]

The AES Corporation (AES) 
Last the aes corporation earnings: 2/28 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Melissa Phillip/Getty Images Private equity firms have been quietly buying up the nation's power utilities, as the rapid expansion of data centers needed to fuel the AI boom drives power demand to new heights. Four of the seven largest PE-backed acquisitions of power generation businesses were either completed or announced in the past three years, according to PitchBook data. A fifth, the $5 billion acquisition of Cleco by Stonepeak Partners and Bernhard Capital Partners, is close to being agreed upon, Bloomberg reports. The International Energy Agency projects global electricity consumption for data centers will double between 2024 and 2030, growing more than four times faster than total electricity consumption from all other sectors. The largest private investment funds in the world—including BlackRock's Global Infrastructure Partners, Blackstone and JPMorgan Asset Management—are scrambling to capitalize on this outsized demand. Several have bought utility providers that Show less Read more
Impact Snapshot
Event Time:
AES
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
AES alerts

from News Quantified
Opt-in for
AES alerts

from News Quantified