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, 2021 as part of AES' equity units (the "Equity Units").  No assurance can be given tha ...

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 growth rate of nearly 100% over 2022. Including these newly added projects, AES' portf ...

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 the media and the public in a listen-only mode by webcast. Interested parties may liste ...

ANNAPOLIS, Md.--(BUSINESS WIRE)--HASI (NYSE: HASI), a leading investor in climate solutions, today announced an investment in a portfolio of renewable energy assets developed, owned and operated by The AES Corporation (NYSE: AES), a Fortune 500 global energy company and one of the largest developers and operators of clean power in the United States. Per the agreement, which reached financial close on December 22, 2023, HASI will make a structured equity investment in an approximately 605-megawatt (MW) po ...

Justin Paget Clean energy stocks have been underperforming this year, partly due to rising interest rates. This has created an attractive buying opportunity for investors to leg into AES (NYSE:AES). AES' recent quarter showed strength and exceeded market expectations in Q3 earnings. AES has upped its 2023 EPS forecast to the upper range and secured significant renewable contracts, aiming to reach at least 5 GW of new PPAs by year-end. To ensure financial stability, AES is expediting its asset sale progr ...

The U.S. stock market staged a remarkable rally in 2023, but 173 stocks in the S&P 500 were still down for the year. Here’s a roundup of how well the 11 sectors of the S&P 500 fared through 10 a.m. Eastern time on Friday: Sector or index 2023 price change 2022 price change Price change since end of 2021 Forward P/E Forward P/E at end of 2022 Forward P/E at end of 2021 Information Technology 57.1% -28.9% 11.5% 26.7 20.0 28.2 Communication Services 54.9% -40.4% -7.6% ...

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 sell-downs of additional stakes in the businesses through the expansion of existing ...

The AES Corporation (NYSE:AES) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Susan Harcourt - Vice President of Investor Relations Andres Gluski - President and Chief Executive Officer Steve Coughlin - Chief Financial Officer Conference Call Participants David Arcaro - Morgan Stanley Durgesh Chopra - Evercore ISI Angie Storozynski - Seaport Global Richard Sunderland - JPMorgan Julien Dumoulin-Smith - Bank of America Michael Sullivan - Wolfe Research Operator Good morning ...

The AES Corporation Third Quarter 2023 Financial Review CONTAINS FORWARD-LOOKING STATEMENTS Safe Harbor Disclosure ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________________________________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-12291 THE AES CORPORATION (Exact name of registrant as specified ...