An infrastructure investment firm owned by massive asset manager BlackRock reportedly plans to acquire AES Corp., the northern Virginia-based energy giant behind the Rancho Viejo Solar project.

It is unclear when the potential deal would be done. Citing people briefed on the matter, the Financial Times reported in early October that Global Infrastructure Partners, known for and utility takeovers, was poised to acquire AES in the ensuing days for more than $30 billion, a development that has since not occurred.

But speculation about the future of AES, among the largest publicly traded utilities in the U.S. and one that has made major investments in renewable energy in recent years, has given opponents of the sprawling solar power and battery storage project near Eldorado even more reaso

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