AES Stock Jumps 14%. Why the Renewable Energy Provider's Shares Are Rallying. -- Barrons.com

Dow Jones
Jul 09

By George Glover

AES stock was surging Wednesday after a report said the renewable power company was exploring options including a potential sale.

Shares jumped 14% to $12.66 ahead of the opening bell Wednesday. Futures tracking the S&P 500 were a touch higher.

AES is exploring its options, including a possible sale, amid potential takeover interest from large investment firms, Bloomberg reported, citing people familiar with the matter. Several major private-equity firms and infrastructure investors have been studying AES after the stock lost about half its value over the past two years, according to the report.

AES didn't immediately respond to a request for comment from Barron's.

Coming into Wednesday, AES stock had declined 37% over the past 12 months, dragged down by tumbling revenue as well as concern about the Trump administration's rollback of clean-energy tax credits.

In recent years, AES has brokered deals to provide renewable energy for data centers owned and operated by Big Tech companies including Microsoft, Google owner Alphabet, and Facebook parent Meta Platforms.

Write to George Glover at george.glover@dowjones.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

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July 09, 2025 07:08 ET (11:08 GMT)

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