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Active situationEnergyOngoing·Updated Apr 30, 2026·Published Mar 2, 2026

AES Corporation / Global Infrastructure Partners / EQT / CalPERS / QIA — $11bn energy deal

AES / GIP

Multi-jurisdictional regulatory review underway. Merger special meeting not yet scheduled. PUCO data center backlash, Indiana politics, and CFIUS (QIA involvement) are the key state-level risks.

CT
CTFN Editorial
Active Situations Desk · ctfn.news
Deal snapshot — free previewOngoing
Next event
CFIUS — CFIUS Phase 1 review (45 days)
May 11, 2026· in 9d
CTFN estimated close
Mar 31, 2027
Key risks

Indiana politics (though next legislative session January 2027); PUCO — possible data center backlash; CFIUS to a lesser extent given QIA involvement or EQT given Trump admin backlash vs. Europe.

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