GIP Is Said to Team Up With EQT in Bid to Buy Power Firm AES (2)

BlackRock Inc.’s Global Infrastructure Partners has teamed up with EQT AB in its bid to acquire power company AES Corp., according to people familiar with the matter.

BlackRock’s GIP Teams Up With EQT in Bid to Acquire Power Firm AES

The two investment firms could reach an agreement as soon as the coming weeks to buy AES, which provides renewable power to tech giants like Microsoft Corp., said the people. Representatives for AES, ...
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BlackRock, Microsoft-backed AI venture draws US$12.5 billion

BlackRock (NYSE:BLK) has raised US$12.5 billion for an artificial intelligence (AI) infrastructure venture backed by Microsoft (NASDAQ:MSFT), deepening its push to support surging AI demand. The ...
TechBooky

BlackRock & Microsoft AI Partnership Has Raised $12.5B

The BlackRock and Microsoft-led Global AI Infrastructure Investment Partnership (GAIIP) has successfully raised $12.5 billion in private equity. This is ...