AES Corp: merger receives EU and NYPSC approvals

What happened

• The filing says that, as previously announced, on Mar 1, 2026 The AES Corporation entered into an Agreement and Plan of Merger with Horizon Parent, L.P. and Horizon Merger Sub, Inc. Pursuant to the Merger Agreement, Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation.
• The filing reports that on Oct 15, 2026 the European Commission unconditionally approved the merger under the EU Merger Regulation and that on Oct 19, 2026 the New York Public Service Commission issued a declaratory ruling that the merger requires no further review under New York Public Service Law Section 70. The filing notes these approvals are conditions to closing and that the transaction remains subject to certain additional regulatory approvals and customary closing conditions.
• The filing states that, upon closing, the Company will be jointly owned by investment vehicles affiliated with one or more funds, accounts or other entities owned, managed or advised by Global Infrastructure Management, LLC and the EQT Infrastructure VI fund and other investors. The filing also includes a cautionary statement about forward-looking statements and lists risks and uncertainties that could cause actual results to differ.

Key details

• Merger agreement date: Mar 1, 2026.
• EU approval date: Oct 15, 2026; NYPSC ruling date: Oct 19, 2026.
• Approvals are conditions to closing; remaining subject to additional regulatory approvals and customary closing conditions.
• Post-closing ownership: investment vehicles affiliated with Global Infrastructure Management, LLC and the EQT Infrastructure VI fund, among others.

Why it may matter

• Item reported: Item 8.01 (Other events). Item 8.01 covers other material events the company wants to report to the market, including regulatory approvals and related transaction developments. The filing does not show why the insider traded or why the company acted.