BlackRock’s $38B Power Grab: World’s Biggest Investor Aims to Control U.S. Energy Grid

BlackRock’s $38B Power Grab: World’s Biggest Investor Aims to Control U.S. Energy Grid

BlackRock is in talks to acquire utility giant AES in a $38 billion deal, a move that would give the $10 trillion asset manager direct control over U.S. electricity infrastructure. The takeover positions BlackRock at the center of the AI-driven energy boom, raising major questions about power, regulation, and national security.