Lawmakers Press Regulators to Reject AES Acquisition

Lawmakers press regulators to reject AES acquisition

A bipartisan group of lawmakers urged federal regulators to block the multibillion-dollar sale of power company AES, warning the deal could raise electricity costs for utility customers to benefit data centers. In a Sept. 28 letter to Federal Energy Regulatory Commission Chair Laura Swett, lawmakers argued the acquisition would not be in the public interest.…

Exclusive-US lawmakers including Sen. Warren push energy regulators to reject acquisition of power company AES - Regional Media News

By Laila Kearney and Sumit Saha NEW YORK, Sept 29 (Reuters) - A group of US lawmakers including Senator Elizabeth Warren asked federal energy regulators this week to reject a more than $33 billion sale of power company AES, saying it could drive up electricity [...]

Bipartisan lawmakers ask FERC to block BlackRock's $33.4 billion AES buyout

Senator Elizabeth Warren and four House colleagues told FERC Chair Laura Swett on September 28 that GIP's 15-to-20% return targets, double a utility's historical median, threaten Indiana and Ohio ratepayers.