By Kennedy Maize Private equity giant BlackRock and Swedish private equity firm EQT have assembled a consortium to buy AES Corp. (NYSE:AES) for $33..4 billion — $15/share in cash — taking the Arlington, Va., energy firm private. The price represents a 40% premium over the AES share price as of July 2025, when rumors of … More BlackRock and EQT buying iconic AES for $33.4 billion

By Kennedy Maize There’s a new leader in the nuclear power plant cost overrun derby, and it isn’t even in the clubhouse yet. Britain’s Hinkley Point C — being built in Somerset by France’s government-owned EDF — is now going to cost at least £49 billion ($65 billion) if it goes into service in 2030 … More Move over, Vogtle, and Olkiluoto too. Hinkley Point C is leading the nuclear news.

By Kennedy Maize In mid-February (Feb. 13) Texas giant engineering and construction company Fluor Corp. (NYSE:FLR) began implementing a financial plan it had long telegraphed: unloading its major investment in Oregon-based NuScale (NYSE:SMR), the most mature of the myriad wannabe developers of new, smaller U.S. nuclear power plants. As Nuscale’s largest shareholder, Fluor sold 71 … More A new start for NuScale?