---
title: "Private equity pivots from software to power plants in AI era"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286834420.md"
description: "A consortium's $38.4 billion take-private of AES signals a significant shift in private equity focus from software to power generation and infrastructure investments. The growth of data centers is increasing electricity demand, positioning utilities and transmission infrastructure as key indirect beneficiaries of AI. Rising interest rates and uncertainty surrounding AI are driving firms towards regulated, long-term yield assets like energy infrastructure."
datetime: "2026-05-19T01:01:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286834420.md)
  - [en](https://longbridge.com/en/news/286834420.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286834420.md)
---

# Private equity pivots from software to power plants in AI era

Mega utility buyout: A $38.4 billion take-private of AES by a consortium marks a major shift toward power generation and infrastructure investments. AI fuels demand: Data center growth is boosting electricity needs, making utilities and transmission infrastructure prime indirect AI plays. Shift from software: Rising rates and AI uncertainty are pushing firms toward regulated, long-term yield assets like energy infrastructure.

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