Politics

Lawmakers Urge Regulators to Block AES Acquisition

Updated 2026-09-30 20:40 UTC 1 source Negative

A bipartisan group of lawmakers is urging federal regulators to block the multi-billion-dollar sale of power company AES, citing potential impacts on electricity costs for utility customers. The deal could benefit data centers and raise concerns about market competition.

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The Hill
A bipartisan group of lawmakers are urging federal regulators to block the multi-billion-dollar sale of power company AES, warning the deal could raise electricity costs for utility customers to benefit data centers. In a Sept. 28 letter to Federal Energy Regulatory Commission (FERC) Chair Laura Swe
2026-09-30 20:19 UTC
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