Lawmakers challenge AES sale: AES Corp stock sits 15.58 percent below its high

Published on 10/06/2026 at 14:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lawmakers challenged the AES sale on September 29, 2026. AES Corp stock costs EUR 13.21 on October 6, 2026 after EUR 13.29, minus 0.60 percent.

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AES Corp. (ISIN US00130H1059) was trading at EUR 13.21 at Lang & Schwarz on October 6, 2026 at 2:11 p.m. CEST, minus 0.60 percent versus the prior close of EUR 13.29. On September 29, 2026, Reuters reported that lawmakers including Senator Elizabeth Warren asked federal regulators to reject the proposed sale of AES.

FERC approval remains decisive

The transaction is valued at more than USD 33.00 billion including debt, and the proposed buyers include Global Infrastructure Partners and EQT. Reuters said the acquisition remains pending before the Federal Energy Regulatory Commission, with closing targeted for late 2026 or early 2027.

Ohio has already approved a key step. A September 17, 2026 filing reported by StockTitan said the Public Utilities Commission of Ohio approved the merger, while additional regulatory approvals and customary closing conditions remained.

Second-quarter figures beat estimates

AES reported USD 3.42 billion in revenue for the second quarter of 2026, compared with USD 3.11 billion expected, and diluted earnings per share of USD 0.60 versus USD 0.45 consensus, according to MarketBeat. The revenue comparison gives investors a stronger operating reference while the merger remains the dominant valuation event.

Offer value frames the share price

The merger agreement includes a USD 15.00 cash offer per share, as detailed in the AES filing carried by StockTitan. AES traded at USD 14.90 on the New York Stock Exchange on October 5, 2026 at 4:00 p.m. ET, leaving the market price 0.67 percent below the offer. The USD 13.21 to USD 17.65 52-week range places the share 15.58 percent below its high, while market capitalization stood at USD 10.6 billion on the same date.

Euro quote remains below yearly high

AES Corp stock was trading at EUR 13.21 at Lang & Schwarz on October 6, 2026 at 2:11 p.m. CEST, minus 0.60 percent versus the EUR 13.29 prior close at Lang & Schwarz on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of AES Corp stock.