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Lawmakers press regulators to reject AES acquisition

The Hill·September 30, 2026·1 min read
Lawmakers press regulators to reject AES acquisition

A bipartisan group of lawmakers urged federal regulators Wednesday to block the multibillion-dollar sale of power company AES, warning the deal could raise electricity costs for utility customers to benefit data centers. In a Sept. 28 letter to Federal Energy Regulatory Commission Chair Laura Swett, they argued the acquisition would not serve the public interest.

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