AES Corporation Soars 11.11% on Potential Sale Rumors

The AES Corporation (NYSE:AES) surged 11.11% in pre-market trading on July 9, 2025, driven by reports that the company is exploring strategic options, including a potential sale amid takeover interest.

The AES Corporation has been the subject of intense speculation following reports that it is exploring strategic options, including a potential sale. Infrastructure investors, such as Brookfield Asset Management Ltd. and BlackRock Inc.'s Global Infrastructure Partners, have shown interest in the company after its shares lost about half their value over the past two years. The company's enterprise value is estimated to be around $40 billion, making a leveraged buyout one of the largest in history.

AES owns a diverse portfolio of renewable power assets, including wind and solar, as well as utilities in Indiana and Ohio. The company has been actively pursuing deals with technology giants like Google, Microsoft, and Amazon.com Inc. to provide renewable power to data center companies. Despite the recent surge, AES's shares have faced significant volatility, dropping 38% over the past 12 months.

The potential takeover interest has sparked a flurry of activity, with AES's shares jumping as much as 19% after the close of regular trading. However, there is no certainty that any of the suitors will decide to pursue a deal, as discussions are still in the early stages and involve confidential information. Representatives for AES, Brookfield, and BlackRock have declined to comment on the matter.