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AES Gains 20% as PE Eyes AI Hyperscale Energy Player

Pelican Press

By Pelican Press,
in World News

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Shares of AES Corporation surged nearly 20% yesterday following reports that a consortium of private equity firms is considering a substantial investment in the energy company. The speculation centers on AES’s growing role in powering AI hyperscale data centers, facilities whose immense computational demands require dedicated and reliable energy sources. Several sources close to the deal…

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