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Elizabeth Warren: “BlackRock is now seeking to purchase AES, another publicly…”

Featuring: Elizabeth Warren, Democratic | U.S. Senate, Massachusetts

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Private Equity is Going After Your Utilities.

Published | Video Starts at 04:27

And BlackRock acquired Alette, a publicly traded energy company that provides electricity and other basic utilities in the Midwest. And it BlackRock is now seeking to purchase AES, another publicly traded utility company that provides electricity in Ohio and Indiana. Look, everything we're seeing indicates that private equity companies are lining up to cash in on the growth of AI by purchasing utility companies, their plan suck up profits while everyone else pays higher utility bills. (04:27–04:38)

CLAIM

Asserts that BlackRock is seeking to purchase AES, a utility company in Ohio and Indiana.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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