Opponents Of The AES Deal Are Fighting The Wrong Battle The Private Equity Stakeholder Project has once again rolled out its familiar playbook against a major deal in the energy sector, this time targeting AES Corporation's $33.
4 billion acquisition by Global Infrastructure Partners (GIP) and EQT. Critics' claims are as overwrought as they are misguided, relying on a simplistic narrative that ignores the complexities of the case.
The private equity model critics warn against is indeed a legitimate concern in certain industries, where it has led to devastating consequences for customers and employees.