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AES (NYSE: AES) STOCK QUOTE

Last Trade: US$18.96 0.12 0.64
Volume: 5,621,432
5-Day Change: -6.97%
YTD Change: -1.51%
Market Cap: US$13.470B

LATEST NEWS FROM AES

ARLINGTON, Va. , May 16, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the pricing of $950,000,000 million aggregate principal amount of its 7.600% fixed-to-fixed rate reset junior subordinated green notes due 2055 (the "Notes"). The closing of the offering of the Notes is expected to occur, subject to certain customary closing conditions, on May 21, 2024 (T+3). AES intends to... Read More
ARLINGTON, Va. , May 16, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today its intention to offer, subject to market and other conditions, fixed-to-fixed rate reset junior subordinated green notes (the "Notes") in a registered public offering. AES intends to allocate an amount equal to the net proceeds from this offering to one or more eligible green projects, which may include the... Read More
Proceeds to be Used to Fund AES' Robust Growth in Renewables & US Utilities ARLINGTON, Va. , May 15, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced today that it has agreed to sell its 47.3% equity interest in AES Brasil to Auren Energia for approximately $640 million in proceeds to AES. This sale will be completed in conjunction with a merger between AES Brasil and Auren Energia, with AES Brasil shares... Read More
Signed an Additional 1 GW of Solar-Plus-Storage Under a Long-Term Contract with Amazon, for a Total of 2 GW at Bellefield in California Strategic Accomplishments Signed 1.2 GW of renewables and energy storage under long-term contracts, bringing total backlog of projects signed under long-term contracts to 12.7 GW Includes an additional 1 GW under a 15-year contract with Amazon, for a total of 2 GW at Bellefield, the largest... Read More
ARLINGTON, Va. , April 3, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Friday, May 3, 2024 at 10:00 a.m. Eastern Time (ET) to review its first quarter 2024 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by telephone and webcast. Interested parties may listen to the... Read More
Strategic Accomplishments Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022 Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million 2023 Financial Highlights Diluted EPS of $0.34 , compared to ($0.82) in... Read More
ARLINGTON, Va. , Feb. 23, 2024 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1725 per share payable on May 15, 2024 to shareholders of record at the close of business on May 1, 2024 . Additional information regarding dividends paid by AES, including tax treatment, can be found on www.aes.com by selecting "Investors" then "Stock Information" and then... Read More
ARLINGTON, Va. , Feb. 14, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the unsuccessful final remarketing of its 0% Series A Cumulative Perpetual Convertible Preferred Stock, no par value, with a liquidation preference of $1,000 per share (the "Convertible Preferred Stock"), originally issued on March 11, 2021 as part of the Company's equity units (the "2021 Equity Units") and... Read More
ARLINGTON, Va. , Jan. 26, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Tuesday, February 27, 2024 at 10:00 a.m. Eastern Time (ET) to review its fourth quarter and full year 2023 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by telephone and webcast. Interested parties may... Read More
ARLINGTON, Va. , Jan. 19, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the period beginning on February 7, 2024 and ending on February 13, 2024 as the final remarketing period for its 0% Series A Cumulative Perpetual Convertible Preferred Stock, no par value, with a liquidation preference of $1,000 per share (the "Convertible Preferred Stock"), originally issued on March 11,... Read More
Construction Milestone Marks the Largest Renewables Capacity Addition by AES in a Single Year ARLINGTON, Va. , Jan. 18, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced the completion of 3.5 GW of renewables projects in 2023, nearly doubling the capacity constructed compared to 2022. "In 2023, AES completed the construction of 3.5 GW of new renewables. This construction milestone represents a new record and a... Read More
ARLINGTON, Va. , Jan. 11, 2024 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a webcast to discuss data centers and demand for renewable energy on Thursday, January 18, 2024 from 2:00 p.m. to 3:00 p.m. Eastern Time (ET). The presentation will discuss both trends for this customer segment, as well as AES' leading position. The call will include a presentation and a question and answer session. It will be open to... Read More
Raising $338 Million of Asset Sale Proceeds ARLINGTON, Va. , Dec. 21, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced today that it has closed minority sell-downs of its businesses in the Dominican Republic and its AES Colón business in Panama for proceeds of $338 million . This includes the transactions announced in September for proceeds of $179 million after purchase price adjustments at closing, as well as... Read More
ARLINGTON, Va. , Dec. 8, 2023 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) approved an increase of 4% in the Company's quarterly common stock dividend, from $0.1659 per share to $0.1725 per share, beginning in the first quarter of 2024. The Company's first quarter 2024 common stock dividend of $0.1725 per share is payable on February 15, 2024 to shareholders of record at the close of business on... Read More
OLDWICK, N.J. / Dec 01, 2023 / Business Wire / AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of AES Global Insurance Company (AGIC) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect AGIC’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance,... Read More
ARLINGTON, Va. , Nov. 30, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced it has reached an agreement with Se.ven Global Investments to sell its 51% equity stake in the Mong Duong 2 coal-fired plant in Vietnam . Following approvals by the Government of Vietnam and the Ministry of Industry and Trade, the anticipated close for the transaction is in line with AES' intent to exit the majority of its coal assets by... Read More
Remains on Track to Deliver on Strategic and Financial Objectives Strategic Accomplishments Signed new contracts for 3.7 GW of renewables in year-to-date 2023 On track to complete construction of 3.5 GW of renewables in 2023 Agreed to minority sell-downs of businesses in the Dominican Republic and Panama for $190 million in asset sale proceeds, securing full year 2023 asset sales target Awarded up to $2.4 billion of grant... Read More
Up to $2.4 Billion Will Support the Development and Scaling of Clean Hydrogen Infrastructure in California and Along the Gulf Coast ARLINGTON, Va. , Oct. 13, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced today that it is part of two Regional Clean Hydrogen Hubs receiving funding from the US Department of Energy. The two selections stand to receive up to $2.4 billion of grant funding allocated by the... Read More
ARLINGTON, Va. , Oct. 6, 2023 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1659 per share payable on November 15, 2023 to shareholders of record at the close of business on November 1 , 2023. Additional information regarding dividends paid by AES, including tax treatment, can be found on www.aes.com by selecting "Investors" then "Stock Information"... Read More
ARLINGTON, Va. , Oct. 3, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Friday, November 3, 2023 at 10:00 a.m. Eastern Time (ET) to review its third quarter 2023 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by telephone and webcast. Interested parties may listen to the... Read More
With Transactions, AES Secures All Planned External Funding for 2023 ARLINGTON, Va. , Sept. 26, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced today that it has agreed to minority sell-downs of its businesses in the Dominican Republic and Panama , as an expansion of its existing strategic partnership with Grupo Linda and a new partnership with Grupo Popular's subsidiary, AFI Popular, through one of its closed... Read More
ARLINGTON, Va. , Sept. 20, 2023 /PRNewswire/ -- The AES Corporation's (NYSE: AES) President and Chief Executive Officer, Andrés Gluski, will present at the Wolfe Research Utilities, Midstream & Clean Energy Conference 2023 on Wednesday, September 27, 2023 at 10:25 a.m. Eastern Time (ET). The format of the presentation is a fireside chat Q&A that will be open to the media and public in listen-only mode by webcast. Interested... Read More
Reaffirms 2023 Guidance and Annualized Growth Rate Targets for All Metrics Strategic Accomplishments Signed new long-term contracts for 2.2 GW of renewables in year-to-date 2023 On track to complete construction of 3.4 GW of renewables in 2023, with 786 MW completed in year-to-date 2023 Filed a new rate case and for regulatory approval to build the largest energy storage facility in the state at AES Indiana Continued... Read More
ARLINGTON, Va. , July 14, 2023 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1659 per share payable on August 15, 2023 to shareholders of record at the close of business on August 1 , 2023. Additional information regarding dividends paid by AES, including tax treatment, can be found on www.aes.com by selecting "Investors" then "Stock Information"... Read More
ARLINGTON, Va. , July 5, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Friday, August 4, 2023 at 10:00 a.m. Eastern Time (ET) to review its second quarter 2023 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by telephone and webcast. Interested parties may listen to the... Read More
ARLINGTON, Va. , June 20, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the appointment of Gerard M. "Gerry" Anderson to its Board of Directors, effective July 17, 2023 . Anderson has more than 30 years of experience in the energy sector, with expertise in strategic leadership, operational excellence and public policy. Anderson is the former Chairman and CEO of DTE Energy. During his tenure, he founded... Read More
GreenStockNews
AES will test LineVision's Dynamic Line Rating technology to increase transmission capacity ARLINGTON, Va. , June 8, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) and LineVision, Inc., today announced the launch of a joint project to assess how Grid Enhancing Technologies (GETs) may increase transmission capacity on the... Read More
Strengthens Position as a Leader in Providing Renewable Energy to Corporate Customers ARLINGTON, Va. , June 7, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the acquisition of the 2 GW Bellefield project, which is currently in late-stage development, and is the largest permitted solar-plus-storage project in the United States . The project, located in Kern County, California , where AES 1 already has... Read More
Largest Wind Project in Arizona to Generate 238 MW of Clean Energy in Phase One ARLINGTON, Va. , June 1, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the start of commercial operations for phase one of the Chevelon Butte wind farm. The project is located on the Chevelon Butte Ranch in Coconino and Navajo Counties, Arizona . AES' Chevelon Butte project is expected to produce a total of 454 MW of wind... Read More
ARLINGTON, Va. , May 15, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the pricing of $900 million aggregate principal amount of its 5.450% senior notes due 2028 (the "Notes"). The closing of the offering of the Notes is expected to occur, subject to certain customary closing conditions, on May 17, 2023 (T+2). AES intends to allocate an amount equal to the net proceeds from... Read More
ARLINGTON, Va. , May 15, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today its intention to offer, subject to market and other conditions, senior notes (the "Notes") in a registered public offering. AES intends to allocate an amount equal to the net proceeds from this offering to one or more eligible green projects, which may include the development or redevelopment of such... Read More
Diversified Business Mix Supports and Advances Portfolio Transformation Strategic Highlights Through 2027 Expect to triple renewables capacity by adding 25 to 30 GW of solar, wind and energy storage Investing to deliver 10% annual rate base growth at US utilities Strengthening position as a leader in new energy technologies, including green hydrogen Financial Highlights Through 2027 Initiating Adjusted EPS 1 annualized... Read More
Detailed Business Review and Long-Term Outlook to be Presented at Investor Day on Monday, May 8, 2023 Strategic Accomplishments On track to complete 2023 construction projects of more than 3 GW of renewables AES Ohio signed a comprehensive settlement for its Electric Security Plan (ESP4) , providing the regulatory foundation necessary to drive future growth Announced next decarbonization milestone with the agreement to... Read More
Capacity Supports Grid Reliability as State Moves Toward Decarbonization ARLINGTON, Va. , April 26, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced that it has signed agreements with the California Department of Water Resources (DWR) to extend operations of the once-through cooling (OTC) units at its Huntington Beach and Alamitos facilities through 2026. The extension will help meet the state's grid... Read More
Agrees to PPA Buyout at 205 MW Warrior Run Plant in Maryland ARLINGTON, Va. , April 18, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced an agreement to terminate the Power Purchase Agreement (PPA) for its 205 MW Warrior Run coal-fired power plant in Maryland. The offtaker, Potomac Edison, a subsidiary of FirstEnergy Corp., agreed to terminate the PPA for a total consideration of $357 million , subject to... Read More
ARLINGTON, Va. , April 6, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) will hold an Investor Day on Monday, May 8, 2023 at 9:00 a.m. Eastern Time (ET) in New York City. At the event, AES Management will deliver prepared remarks and host a question and answer session with analysts and investors. Interested parties may access the live webcast and presentation materials at www.aes.com by selecting "Investors" and then... Read More
ARLINGTON, Va. , April 5, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Friday, May 5, 2023 at 10:00 a.m. Eastern Time (ET) to review its first quarter 2023 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by telephone and webcast. Interested parties may listen to the... Read More
Recognition by the Ethisphere Institute honors companies demonstrating business integrity through best-in-class ethics, compliance and governance practices ARLINGTON, Va. , March 13, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) has been recognized as one of the 2023 World's Most Ethical Companies ® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This is the tenth... Read More
Strategic Accomplishments Signed 5.2 GW of PPAs for new renewable energy projects in 2022, including 1.9 GW since the Company's third quarter earnings call in November, increasing backlog to 12.2 GW Completed the construction or acquisition of operating projects totaling 1.9 GW in 2022, including 1 GW of new renewables in the United States Announced partnership with Air Products to develop, build, own and operate the largest... Read More
ARLINGTON, Va. , Feb. 24, 2023 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1659 per share payable on May 15, 2023 to shareholders of record at the close of business on May 1, 2023 . Additional information regarding dividends paid by AES, including tax treatment, can be found on www.aes.com by selecting "Investors" then "Stock Information" and then... Read More
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AES and Mitsubishi Corporation invest in Motor to provide consumer EV adoption services to electric utility companies ARLINGTON, Va. , Feb. 7, 2023 /PRNewswire/ -- Motor , which provides a consumer electric vehicle (EV) adoption platform for electric utilities, announced today that it closed a $7 million Series A investment... Read More
ARLINGTON, Va. , Jan. 25, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Monday, February 27, 2023 at 10:00 a.m. Eastern Time (ET) to review its fourth quarter and full year 2022 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by telephone and webcast. Interested parties may... Read More
Teleconference at 9:30 a.m. USET on December 8 . See details below. LEHIGH VALLEY, Pa. , Dec. 8, 2022 /PRNewswire/ -- Today, Air Products (NYSE: APD) and The AES Corporation (NYSE: AES) announced plans to invest approximately $4 billion to build, own and operate a green hydrogen production facility in Wilbarger County, Texas . Air Products will host an investor teleconference today, Thursday, December 8, 2022 , at 9:30 a.m.... Read More
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Project Capable of Producing over 200 Metric Tons Per Day of Green Hydrogen, Powered by Approximately 1.4 Gigawatts of Renewable Electricity LEHIGH VALLEY, Pa. and ARLINGTON, Va. , Dec. 8, 2022 /PRNewswire/ -- Air Products (NYSE: APD) and The AES Corporation (NYSE: AES) today announced plans to invest approximately $4 billion... Read More
ARLINGTON, Va. , Dec. 2, 2022 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) approved an increase of 5% in the Company's quarterly common stock dividend, from $0.1580 per share to $0.1659 per share, beginning in the first quarter of 2023. The Company's first quarter 2023 common stock dividend of $0.1659 per share is payable on February 15, 2023 to shareholders of record at the close of business on... Read More
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of AES Global Insurance Company (AGIC) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect AGIC’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral... Read More
VANCOUVER, British Columbia, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) and AES Corporation (NYSE: AES) announced today that their Chilean affiliates, Compañía Minera Teck Quebrada Blanca S.A. and AES Andes S.A ("AES Andes"), have entered into a long-term clean power purchase agreement for the Quebrada Blanca Phase 2 copper project ("QB2") in Chile. Under the... Read More
Strategic Accomplishments Signed 3.2 GW of PPAs for new renewable energy projects in year-to-date 2022, including 1.6 GW since the Company's second quarter earnings call in August, bringing backlog to 11.2 GW Increased pipeline of potential future projects to 64 GW, 80% of which is in the United States During the third quarter of 2022, began construction on 1.9 GW of new projects Signed additional agreements to redirect... Read More
AES' Competition Serves to Encourage Innovation by the Next Generation of Energy Industry Professionals The AES Corporation (NYSE: AES) today announced the winners of its 2022 Energy Innovation Challenge . The winners are three graduate students from the University of Dayton : Scott Eardley , Sean Kapp and Megan McNelly . The UD Flyers, as the students named their team, developed Project Oasis, an indoor farming system... Read More
The combined Luna and Lancaster Area Battery Storage projects represent one of the largest battery storage installations in the world The AES Corporation (NYSE: AES) today marked the dedication of its 100 MW, 400 MWh Luna Battery Storage and 127 MW, 508 MWh Lancaster Area Battery Storage (LAB) facilities in Lancaster, California . The battery storage facilities were completed and came online in August and September 2022 ,... Read More
The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1580 per share payable on November 15, 2022 to shareholders of record at the close of business on November 1 , 2022. Additional information regarding dividends paid by AES, including tax treatment, can be found on www.aes.com by selecting "Investors" then "Stock Information" and then "Dividend History." About AES The... Read More
The AES Corporation (NYSE: AES) will host a conference call on Friday, November 4, 2022 at 10:00 a.m. Eastern Time (ET) to review its third quarter 2022 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by telephone and webcast. Interested parties may listen to the teleconference by dialing 1-844-200-6205 at least ten... Read More
Today, AES Ohio, a subsidiary of The AES Corporation (NYSE: AES), filed its latest Electric Security Plan (ESP) with the Public Utilities Commission of Ohio (PUCO). The company's ESP is a comprehensive plan to enhance and upgrade its network and improve service reliability, provide greater safeguards for price stability and continue investments in local economic development. AES Ohio intends to increase investments in the... Read More
Strategic Accomplishments Signed or awarded 1.6 GW of PPAs for new renewable energy projects in year-to-date 2022, bringing backlog to 10.5 GW Formed the US Solar Buyer Consortium to incentivize manufacturing of up to 7 GW of solar panels in the US beginning in 2024 On track to complete 6 GW of renewable energy projects globally in 2022 and 2023 Signed agreements to redirect excess LNG from the Company's business in Panama... Read More
AES named the winner in the Best Workplaces for Early Career Innovators Category The AES Corporation (NYSE: AES) today was named to Fast Company's 2022 list of Best Workplaces for Innovators , ranked #7 and recognized both for its commitment to clean energy innovation and for developing talent and encouraging new ideas in the pursuit of leading-edge clean energy technologies. AES was also named the winner in the Standouts... Read More
The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1580 per share payable on August 15, 2022 to shareholders of record at the close of business on August 1 , 2022. Additional information regarding dividends paid by AES, including tax treatment, can be found on www.aes.com by selecting "Investors" then "Stock Information" and then "Dividend History." About AES The AES... Read More
The AES Corporation (NYSE: AES) will host a conference call on Friday, August 5, 2022 at 10:00 a.m. Eastern Time (ET) to review its second quarter 2022 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by telephone and webcast. Interested parties may listen to the teleconference by dialing 1-844-200-6205 at least ten... Read More
AES, Clearway Energy Group, Cypress Creek Renewables, and D.E. Shaw Renewable Investments form buying consortium to purchase 6-7 GW of crystalline silicon solar modules annually to encourage the rapid scaling of domestic solar manufacturing in the United States Leading independent power producers, The AES Corporation (NYSE: AES), Clearway Energy Group (Clearway), Cypress Creek Renewables, and D. E. Shaw Renewable Investments... Read More
AES will supply renewable energy from solar and battery energy storage projects to power Amazon's operations The AES Corporation (NYSE: AES) today announced it has entered into two renewable energy Power Purchase Agreements (PPAs) with Amazon. As part of the agreements, AES will deliver renewable energy in the CAISO (California Independent System Operator) market and source it from a combined 450 MW of solar and 225 MW,... Read More
Strategic Accomplishments With investment grade credit rating from Moody's, attained investment grade ratings from all three major ratings agencies Signed or awarded 1.1 GW of PPAs for new renewable energy projects in the first quarter of 2022, increasing the backlog to 10.3 GW Construction on schedule for more than 2 GW of renewable energy projects expected to come online in 2022, with solar panels secured for all projects... Read More
The AES Corporation's (NYSE: AES) Executive Vice President and Chief Financial Officer, Steve Coughlin , and Senior Vice President, Chief Product Officer and President of AES Next, Chris Shelton , will address Citi's 2022 Global Energy, Utilities, and Climate Technology Conference on Wednesday, May 11, 2022 at 9:30 a.m. Eastern Time (ET). The format of the presentation is a fireside chat Q&A that will be open to the media... Read More
The 20-year agreement will support Microsoft in achieving its 100/100/0 by 2030 goal The AES Corporation (NYSE: AES) today announced a 20-year agreement with Microsoft to provide renewable energy to its data centers in California . The agreement expands upon prior renewable energy agreement s between the two companies, with AES supporting Microsoft in its pursuit of its 100/100/0 by 2030 goal. Microsoft, one of the world's... Read More
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The AES Corporation (NYSE: AES) will host a conference call on Friday, May 6, 2022 at 10:00 a.m. Eastern Time (ET) to review its first quarter 2022 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by telephone and... Read More
A commitment to support electric vehicle growth AES Indiana, a subsidiary of The AES Corporation (NYSE:AES), has joined the National Electric Highway Coalition (NEHC), a collaboration of electric companies organized around the common goal of deploying electric vehicle (EV) fast charging infrastructure to support the growing number of EVs and to help ensure that the transition to EVs is seamless for drivers. In 2021, the... Read More
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A commitment to support electric vehicle growth AES Ohio, a subsidiary of The AES Corporation (NYSE:AES), has joined the National Electric Highway Coalition (NEHC), a collaboration of electric companies organized around the common goal of deploying electric vehicle (EV) fast charging infrastructure to support the growing... Read More
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AES is one of only nine in the energy and utilities sector to be recognized for its integrity and high standards in ethical business practices The AES Corporation (NYSE: AES) has been named one of the World's Most Ethical Companies for the ninth consecutive year by Ethisphere Institute , a global leader in defining and... Read More
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The AES Corporation (NYSE: AES) announced today the appointment of Susan Harcourt as Vice President of Investor Relations, succeeding Ahmed Pasha who has been named Chief Financial Officer of the Company's US Utilities and Conventional Generation. "Susan brings a deep knowledge of AES from her time as Chief of Staff to our... Read More
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Today, The AES Corporation (NYSE: AES) was named to Fast Company 's 2022 list of the World's Most Innovative Companies. AES was ranked among the top five companies in the energy sector and was recognized for its work in clean energy innovations that are accelerating a greener, smarter energy future. "Climate change is the... Read More
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The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1580 per share payable on May 13, 2022 to shareholders of record at the close of business on April 29 , 2022. Additional information regarding dividends paid by AES, including tax treatment, can be found on www.aes.com by... Read More
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Strategic Accomplishments Signed 5 GW of new renewables PPAs in 2021, surpassing original target of 3 to 4 GW; backlog of new projects is now 9.2 GW Grew pipeline of development projects to 59 GW Increased ownership of AES Andes to 99% from 67% in an accretive transaction, simplifying AES Andes' shareholder base to enable more... Read More
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The AES Corporation (NYSE: AES) will host a conference call on Friday, February 25, 2022 at 10:00 a.m. Eastern Standard Time (EST) to review its fourth quarter and full year 2021 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a... Read More
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The AES Corporation (NYSE: AES) today announced the positive results of the tender offer by AES' wholly-owned Chilean subsidiary, Inversiones Cachagua SpA, for the shares of AES Andes S.A. (AES Andes) held by minority shareholders. Upon completion, which is expected on or about January 12, 2022 , AES will increase its interest... Read More
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The AES Corporation (NYSE: AES) today announced the acquisition of leading US solar developer, Community Energy Solar, LLC (Community Energy). AES has signed PPAs to deliver 4 GW of renewables in the US this year and the acquisition of Community Energy will further bolster the Company's future expansion efforts with a strong... Read More
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The AES Corporation (NYSE: AES) today announced the launch of Atlas, a new first-of-its-kind solar installation robot. Atlas represents a major advance in solar energy technology, making it faster, more efficient and safer to construct new solar facilities. Atlas was designed by AES through a multi-year innovation process and... Read More
The AES Corporation (NYSE: AES) today announced the completion of the purchase of Valcour Wind Energy (Valcour) from global investment firm Carlyle (NASDAQ: CG). Valcour's six wind farms represent the largest operating wind platform in New York and play an important role in helping the state meet its commitment to have 70% of its electricity come from renewable resources by 2030. The Valcour portfolio currently produces... Read More
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The Board of Directors of The AES Corporation (NYSE: AES) approved an increase of 5% in the Company's quarterly common stock dividend, from $0.1505 per share to $0.1580 per share, beginning in the first quarter of 2022. The Company's first quarter 2022 common stock dividend of $0.1580 per share is payable on February 15, 2022... Read More
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Strategic Accomplishments Signed 4 GW of new PPAs for renewable energy projects in year-to-date 2021, increasing the backlog to 9.2 GW Based on year-to-date 2021 progress, increasing full year 2021 target to sign renewables under long-term PPAs to 5 GW, from 4 GW Received approval from the California State Water Resource... Read More
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The AES Corporation (NYSE: AES) today announced that it has signed a 15-year agreement with Microsoft (Nasdaq: MSFT) to support the company in achieving its 100/100/0 by 2030 goal. Microsoft, one of the world's largest purchasers of renewable energy, will use the around-the-clock renewable energy provided through this... Read More
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Fluence Energy, Inc. ("Fluence") announced the pricing of its initial public offering of Class A common stock, which valued Fluence at approximately $4.7 billion . Fluence, an AES joint venture with Siemens, originated from AES' work to conceive and test the world's first lithium-ion energy storage system connected to an... Read More
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Leaders of AES Ohio, a subsidiary of The AES Corporation (NYSE: AES), joined state and local officials in a ribbon cutting ceremony to commemorate completion of the AES Smart Operations Center at MacGregor Park. This state-of-the-art facility represents a new era of innovative energy solutions and the company's efforts to... Read More
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The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1505 per share payable on November 15, 2021 to shareholders of record at the close of business on November 2, 2021 . Additional information regarding dividends paid by AES, including tax treatment, can be found on... Read More
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The AES Corporation (NYSE: AES) today announced that it is partnering with Google on Nest Renew, a new service for Nest thermostats. At launch, AES will offer Nest Renew through its US utilities, AES Indiana and AES Ohio . Utility customers who enroll in Nest Renew will benefit from cost-saving and energy efficiency features... Read More
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The AES Corporation (NYSE: AES) will host a conference call on Thursday, November 4, 2021 at 9:00 a.m. Eastern Daylight Time (EDT) to review its third quarter 2021 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by... Read More
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Fluence, The AES Corporation's joint venture with Siemens, a leading provider of energy storage products and services and digital applications for renewables and storage, announced today that Fluence Energy, Inc. has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to... Read More
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The AES Corporation (NYSE: AES) announced today the appointment of Stephen Coughlin as Executive Vice President and Chief Financial Officer, effective October 15 , 2021. Most recently, Coughlin led AES' Corporate Strategy and Financial Planning groups, including serving as the Chair of the Company's Investment Committee. Prior... Read More
The AES Corporation (NYSE: AES) today announced the acquisition of a 49.9% stake in AES Colón from Inversiones Bahia, Ltd., increasing its ownership to 100% of AES Colón. AES Colón is comprised of a 381 MW liquid natural gas (LNG)-fired power plant and an 180,000 cubic meter LNG storage and regasification facility. The project came on-line in 2018 and 100% of the output from the generation facility is contracted through... Read More
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Borrego, a leading developer, EPC and O&M provider for large-scale renewable energy projects throughout the United States , announced today that it has been selected by The AES Corporation (NYSE: AES), a Fortune 500 global energy company, to engineer and construct three utility-scale solar projects in Michigan . The agreement... Read More
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Strategic Accomplishments Received regulatory approvals at US utilities, AES Indiana and AES Ohio, further enabling planned new investments of more than $2 billion to grow the rate base 9% annually through 2025 Signed 1.8 GW of new PPAs for renewable energy projects, bringing total to 2.9 GW signed in year-to-date 2021 and... Read More
The AES Corporation (NYSE: AES) today announced that it is working with X, the moonshot factory (formerly Google X) to develop tools that enable additional clean energy resources to come onto the grid at a faster pace while improving grid reliability, optimizing operations and reducing costs. AES and X are using the tools to simulate and virtualize AES' distribution grids in Indiana and Ohio . The near real-time grid... Read More
AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), today announced plans to acquire and construct a 250 MW solar + 180MWh energy storage facility in Pike County, Ind. , 125 miles southwest of downtown Indianapolis . The Petersburg Solar Project is the next step toward AES Indiana's transition to greener and smarter solutions to meet the state's future energy needs. "The Petersburg Solar Project is a win-win... Read More
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The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1505 per share payable on August 16, 2021 to shareholders of record at the close of business on August 2, 2021 . Additional information regarding dividends paid by AES, including tax treatment, can be found on www.aes.com... Read More
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The AES Corporation (NYSE: AES) today signed an agreement with the Government of Chile , represented by Chile's President Sebastián Piñera, together with Minister of Mines and Energy Juan Carlos Jobet and Minister of the Environment Carolina Schmidt , allowing for the closure of 1,097 MW of coal generation as soon as 2025.... Read More
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The AES Corporation (NYSE: AES) will host a conference call on Thursday, August 5, 2021 at 9:00 a.m. Eastern Daylight Time (EDT) to review its second quarter 2021 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by... Read More
Uplight and The AES Corporation (NYSE: AES) today announced a new partnership that will transform how AES customers engage with their energy provider and manage their energy use. The partnership will allow AES and the communities it serves to accelerate a cleaner energy future. Using Uplight’s full suite of products and services, including the latest release of the Uplight Connect Platform, AES and Uplight together are... Read More
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AES Ohio, a subsidiary of The AES Corporation (NYSE: AES), announced a new milestone in its comprehensive settlement agreement that enables the deployment of smart grid technology for customers in the Miami Valley. Today, the Public Utility Commission of Ohio (PUCO) issued an order approving AES Ohio's as filed, nearly... Read More
AES Indiana, a subsidiary of the AES Corporation (NYSE: AES), received an order today from the Indiana Utility Regulatory Commission (IURC) approving the Company's plan to acquire the Hardy Hills 195-megawatt solar project in Clinton County, Ind. This is the next step in AES Indiana's transformation to deliver greener, smarter energy solutions. "This is an important moment for AES Indiana which advances our investments in... Read More
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The AES Corporation (NYSE: AES) today announced that the Edison Electric Institute (EEI) awarded its Alamitos Battery Energy Storage System with the US Edison Award, the highest honor given in the electric power industry. Completed in 2020 and located in Long Beach, California , AES' Alamitos Battery Energy Storage System... Read More
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Strategic Accomplishments Signed 1,088 MW of new PPAs for renewables and energy storage, including a 10-year supply agreement with Google for 500 MW of 24/7 carbon-free energy in Virginia Secured a 20-year agreement for 34 TBTU of excess LNG throughput capacity in Central America Fluence maintained its global lead in the... Read More
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The AES Corporation (NYSE: AES) announced today that it has signed an agreement to supply the electricity to power Google's (NASDAQ: GOOGL) Virginia -based data centers with 24/7 carbon-free energy under a 10-year supply contract. With this first clean energy procurement deal in the world of its kind, AES will help ensure that... Read More
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The AES Corporation (NYSE: AES) announced today that it has been notified of an unsolicited "mini-tender" offer by TRC Capital Investment Corporation to purchase up to 4,000,000 shares of AES' common stock, or approximately 0.598% of outstanding shares, at a price of $26.50 per share. This price is approximately 6.6% below the... Read More
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The Board of Directors of The AES Corporatio n (NYSE: AES) declared a quarterly common stock dividend of $0.1505 per share payable on May 14, 2021 to shareholders of record at the close of business on April 30, 2021 . Additional information regarding dividends paid by AES, including tax treatment, can be found on www.aes.com... Read More
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The AES Corporation (NYSE: AES) will host a conference call on Thursday, May 6, 2021 at 9:00 a.m. Eastern Daylight Time (EDT) to review its first quarter 2021 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by... Read More
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AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), announced today it will help ensure all practices and games for the NCAA Division I Men's Basketball Championship being hosted in Indianapolis are powered by renewable energy. AES Indiana will purchase renewable energy credits (RECs) and apply them toward energy... Read More
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The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today that it priced its offering of 10,000,000 Equity Units (the "Units"). The Company has granted to the underwriters an option to purchase up to an additional 1,500,000 Units, solely to cover over-allotments. The offering is being made under the Company's... Read More
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The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today its intention to offer to sell, subject to market and other conditions, 10,000,000 Equity Units (the "Units"), each with a stated amount of $100 . The Company expects the Units will initially consist of an aggregate of 1,000,000 shares of Series A... Read More
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Highlights Through 2025 Raising renewables growth target by 40% to 3 to 4 GW of long-term PPAs per year Increasing investments at US utilities to achieve annual rate base growth of 9% Accelerating goal to reduce coal generation to below 10% by 2025 on a proforma basis, five years earlier than the prior expectation Continuing... Read More
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AES Indiana , a subsidiary of the AES Corporation (NYSE: AES), today announced a new partnership with Motor that will accelerate electric car adoption and make charging electric cars easier and more affordable in Indiana . AES Indiana aims to optimize the timing of electric car charging and reduce rates for all utility... Read More
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The AES Corporation (NYSE: AES) today announced that Jeffrey Ubben has resigned from its Board of Directors. Ubben has been a Director on AES' Board since January 2018. "We are grateful for Jeff's outstanding service on our Board over the last three years. He has been an active and valuable thought partner and advisor during... Read More
2020 Strategic Accomplishments Signed 3 GW of new PPAs for renewables and energy storage, bringing backlog to 6.9 GW Fluence maintained its global lead in the energy storage market by signing 785 MW in 2020, bringing total delivered or awarded to 2.4 GW Attained a second investment grade rating Announced the retirement or sale of 4.5 GW of coal generation, which is now 25% of total generation on a proforma basis 2020... Read More
Indianapolis Power & Light Company (IPL), a subsidiary of The AES Corporation (NYSE: AES), continues to accelerate the future of energy, and announced today a new name and brand identity. IPL is now AES Indiana. IPL has provided safe, reliable, and affordable energy to our customers for more than a century. Since AES acquired IPL in 2001, the company has diversified the portfolio to include conventional fuel sources and... Read More
The Dayton Power & Light (DP&L) Company, a subsidiary of The AES Corporation (NYSE: AES), continues to accelerate the future of energy, and announced today its new name and brand identity. DP&L is now AES Ohio. DP&L has provided safe, reliable, and affordable energy to our customers for more than a century. Since AES acquired DP&L in 2011, DP&L has refocused the business on transmission and distribution, while reliably... Read More
The AES Corporation (NYSE: AES) announced the closing of $154.2 million in non-recourse debt financing for Luna Storage, a 400-megawatt hour standalone lithium-ion battery storage project in the City of Lancaster, in Los Angeles County , California. The transaction was closed by sPower, an Independent Power Producer (IPP), in late December 2020. In early January 2021, sPower merged to become part of AES' clean energy... Read More
The AES Corporation (NYSE: AES) will host a virtual Investor Day on Wednesday, March 3, 2021 at 9:00 a.m. Eastern Standard Time (EST) to review its strategy and longer-term financial outlook. The event will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by telephone and webcast. Interested parties may listen to the teleconference by dialing... Read More
Indianapolis Power & Light Company (IPL), a subsidiary of the AES Corporation (NYSE: AES), today announced an agreement to acquire a 195 megawatt solar project. Expected to be completed in 2023, the solar project will be located in Clinton County, Ind. , and Invenergy will develop the project and manage construction. Once operating, the solar facility will generate enough electricity to power more than 30,000 homes. The... Read More
The Dayton Power and Light Company (DP&L), a subsidiary of the AES Corporation (NYSE: AES), today announced additions to its senior leadership team. "DP&L has a strong and dedicated leadership team, with many individuals who have served DP&L and our customers across the Miami Valley in critical functions over the years," said Kristina Lund , DP&L President and CEO. "We are pleased to add new capabilities to our team, at this... Read More
Indianapolis Power & Light Company , a subsidiary of the AES Corporation (NYSE: AES), today announced additions to its senior leadership and government affairs teams. The expanded teams have new capabilities for IPL to innovate to serve its customers' evolving needs. Brandi Davis-Handy will join IPL in a newly created role, chief public relations officer, US Utilities, and will lead the communications and community efforts... Read More
The AES Corporation (NYSE: AES) has commenced operations of the Alamitos battery energy storage system (BESS), one of the world's largest battery storage systems in operation today. The BESS, a stand-alone energy storage facility for local capacity, will provide up to 400 megawatt-hours (MWh) of energy to ensure greener, smarter and more reliable power to Southern California Edison (SCE) customers, while also helping the... Read More

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