Kahn Swick & Foti Investigates Proposed AES Corporation Sale

Law firm examines adequacy of price and process in $15 per share deal with consortium led by Global Infrastructure Partners and EQT Infrastructure VI

Published on Mar. 4, 2026

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Former Louisiana Attorney General Charles C. Foti, Jr. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed $15 per share sale of The AES Corporation to a consortium led by Global Infrastructure Partners and the EQT Infrastructure VI fund. The firm is seeking to determine if the consideration and process are adequate, or if the price undervalues the company.

Why it matters

The investigation by Kahn Swick & Foti could lead to a legal challenge of the proposed sale terms if the firm determines the price is inadequate or the process was flawed. This could impact the completion of the deal and the ultimate value received by AES shareholders.

The details

Under the terms of the proposed transaction, shareholders of AES will receive $15.00 in cash for each share of AES that they own. Kahn Swick & Foti is examining whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the company.

  • The proposed sale of The AES Corporation was announced on March 4, 2026.

The players

Kahn Swick & Foti, LLC

A law firm investigating the proposed sale of The AES Corporation, led by former Louisiana Attorney General Charles C. Foti, Jr.

The AES Corporation

An energy company that has agreed to be acquired by a consortium led by Global Infrastructure Partners and the EQT Infrastructure VI fund.

Global Infrastructure Partners

An infrastructure investment firm leading the consortium to acquire The AES Corporation.

EQT Infrastructure VI fund

An infrastructure investment fund that is part of the consortium acquiring The AES Corporation.

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What they’re saying

“If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-aes/ to learn more.”

— Lewis S. Kahn, Managing Partner, Kahn Swick & Foti, LLC (Kahn Swick & Foti, LLC)

What’s next

Kahn Swick & Foti will continue its investigation into the proposed sale of The AES Corporation to determine if the price and process are adequate for shareholders.

The takeaway

The investigation by Kahn Swick & Foti highlights the importance of ensuring that mergers and acquisitions are conducted in a fair and transparent manner, with shareholders receiving appropriate value for their shares.