BL

BlackRockBLK

Asset management and infrastructure investment

BlackRock is the asset manager whose Global Infrastructure Partners arm leads the consortium taking AES private for about $33.4 billion including debt. Lawmakers opposing the sale argue that BlackRock owns grid infrastructure and data centers on both sides of the meter, inviting cross-subsidization, and consumer groups have asked FERC to force it to shed its utility holdings.

Sign up

Get your curated digest

After email confirmation, you will receive a daily digest of the most relevant news that matter to your portfolio