AES Debuts AI Safety Platform, Barclays Slashes to $15 While Jefferies Rises to $16
AES launched Haven Safety AI on February 10 with Andrew Ng’s AI Fund, converting reactive safety reporting into proactive prevention at energy sites. Barclays cut its rating to Equalweight with a $15 target while Jefferies raised its price target to $16 as GIP and EQT discussed a potential buyout.
1. AI Safety Platform Launch
AES and Andrew Ng’s AI Fund launched Haven Safety AI on February 10, introducing an AI-native platform that uses real-time incident data to identify root causes, automate analyses and recommend corrective actions, shifting the company's safety programs from reactive reporting to proactive risk prevention at power generation and storage facilities.
2. Analyst Rating Changes
Barclays cut AES’s rating to Equalweight and lowered its price target to $15, citing the stock’s sharp re-rating over the past year, risks of limited buyers for divested assets and high leverage constraining renewable expansion. Jefferies maintained a Hold rating and raised its price target to $16, reflecting higher renewable energy multiples and stable revenue outlook.
3. Acquisition Speculation
BlackRock’s Global Infrastructure Partners has reportedly joined forces with EQT to discuss a potential buyout of AES, following GIP’s selective asset acquisitions in 2025. The talks highlight growing demand for renewable energy from tech firms and underscore concerns over AES’s balance-sheet leverage and the complexity of divesting legacy operations.