Oct. 2 at 11:29 AM
$AES $FLNC $EOSE $STEM Another sign oh how hot the energy and storage sector is getting thanks to AI
This followed reports by Financial Times on Wednesday that The AES Company, which owns a significant stake in Fluence Energy, Inc. (NASDAQ:FLNC), was in talks with investment firm BlackRock for a potential
$38 billion merger agreement.
BlackRock has been setting its sights on AES since July this year, as it aims to position itself and capitalize on the booming energy sector, fueled by the strong power demand from the artificial intelligence industry.