Private Equity & M&A

EQT Infrastructure leads a consortium acquiring AES Corporation while Blackstone and Onex execute billion-dollar deals in energy and industrial assets. The wave of PE acquisitions targets infrastructure modernization and energy transition opportunities despite market volatility forecasts through 2028.

EQT Infrastructure's consortium is acquiring AES Corporation in a transaction positioning private equity at the center of US power grid modernization. The deal follows Energy Capital Partners' merger with Bridgepoint and marks a sector-wide pivot toward essential infrastructure as firms seek stable, long-duration assets amid portfolio pressures.

Tikehau Capital set 2026-2029 growth targets of €60bn assets under management and 45-50% core margins, exceeding market expectations by up to 50%. The move leads a wave of PE portfolio repositioning including Onex's Convex acquisition and Wells Fargo's asset management exit to Reverence Capital/GTCR.

Five PE firms deployed capital across packaging, consumer goods, and specialty sectors in February 2026, while Q4 2025 earnings revealed divergent performance. Star Equity posted $48M revenue (+30% YoY) with $3.1M pro forma adjusted EBITDA following its Hudson Global merger, while tech stocks swung violently on guidance shifts—Nvidia up 5.79%, Monday.com down 20%.