DR1 Daily News - Dominican Republic

According to early October 2025 reports, Financial Times (FT) reported that BlackRock’s Global Infrastructure Partners (GIP) is in advanced negotiations to acquire the power company AES Corp for approximately $38 billion, a deal that could include over US$29 billion in debt.

The FT report cautions that the deal was not guaranteed and negotiations could still fail.

AES Dominicana and its local partners make it the largest private energy provider in the Dominican Republic. AES has been instrumental in developing the country’s natural gas infrastructure, including pipelines and LNG terminals.

The Financial Times describes if the move goes through, it would be one of the largest infrastructure takeovers of all time.

GIP owns stakes in London’s Gatwick airport and large pipeline networks in the US and Middle East.

AES, one of the largest publicly...