Acquisition of AES Corp. Would Grow BlackRock's Energy Assets Across World

October 6, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--New York City-based BlackRock Incorporated has become something of a juggernaut in the world's energy-infrastructure sector. Already the largest asset manager in the world with $12.5 trillion of assets in its possession, the firm is set to grow even more with the potential acquisition of AES Corporation (Arlington, Virginia), reportedly bidding $38 billion to acquire the multinational energy company.

The acquisition comes under the auspices of BlackRock subsidiary Global Infrastructure Partners (GIP) (New York), another increasingly prevalent name when it comes to infrastructure assets. BlackRock announced its intended acquisition of GIP in January 2024 and completed the purchase in October.