AES Corp (N:AES)

Feb 26, 2024 04:27 pm ET
Feb 23, 2024 04:00 pm ET
AES Announces Quarterly Dividend
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.
Feb 14, 2024 06:00 am ET
AES Announces Result of Final Remarketing of Series A Cumulative Perpetual Convertible Preferred Stock Relating to 2021 Equity Units Offering and Settlement Rate for Purchase Contract Component of 202
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 the settlement rate of the purchase contracts that form part of its corporate units (the "Corporate Units").
Jan 26, 2024 04:00 pm ET
AES Announces Fourth Quarter & Full Year 2023 Financial Review Conference Call to be Held on Tuesday, February 27, 2024 at 10:00 a.m. ET
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.
Jan 19, 2024 04:00 pm ET
AES Announces Final Remarketing Period for its 0% Series A Cumulative Perpetual Convertible Preferred Stock Relating to its 2021 Equity Units Offering
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 that the Convertible Preferred Stock will be successfully remarketed during the final rem
Jan 18, 2024 06:00 am ET
AES Completes Construction of 3.5 GW of Renewables in 2023
Construction Milestone Marks the Largest Renewables Capacity Addition by AES in a Single Year
Jan 11, 2024 04:00 pm ET
AES to Host Webcast to Discuss Data Centers and Demand for Renewable Energy on Thursday, January 18, 2024 at 2:00 p.m. ET
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.
Dec 08, 2023 04:00 pm ET
AES Announces 4% Increase in Quarterly Dividend
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. 
Dec 01, 2023 09:36 am ET
AM Best Affirms Credit Ratings of AES Global Insurance Company
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.
Nov 30, 2023 05:30 am ET
AES Announces Sale of Mong Duong 2 Plant in Vietnam in Next Decarbonization Milestone
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 the end of 2025.
Nov 16, 2023 04:00 pm ET
Fluence Energy, Inc. Announces Executive Transition
Fluence Energy, Inc. (Nasdaq: FLNC) (“Fluence” or the “Company”), a leading global provider of energy storage products and services, and optimization software for renewables and storage, today announced that Ahmed Pasha will succeed Manavendra Sial...
Nov 02, 2023 05:00 pm ET
AES Expects Full Year 2023 Adjusted EPS to be in the Top Half of Guidance Range of $1.65 to $1.75
Remains on Track to Deliver on Strategic and Financial Objectives
Oct 13, 2023 07:00 am ET
AES Participating in Two Clean Hydrogen Hubs Awarded Funding by US Department of Energy
Up to $2.4 Billion Will Support the Development and Scaling of Clean Hydrogen Infrastructure in California and Along the Gulf Coast
Oct 06, 2023 05:00 pm ET
AES Announces Quarterly Dividend
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. 
Oct 03, 2023 05:00 pm ET
AES Announces Third Quarter 2023 Financial Review Conference Call to be Held on Friday, November 3, 2023 at 10:00 a.m. ET
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.
Sep 26, 2023 04:15 pm ET
AES Announces Minority Sell-Downs of LNG Businesses in the Dominican Republic and Panama
With Transactions, AES Secures All Planned External Funding for 2023
Sep 20, 2023 05:00 pm ET
AES President and CEO to Present at Wolfe Research Utilities, Midstream & Clean Energy Conference 2023
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).
Jul 14, 2023 05:00 pm ET
AES Announces Quarterly Dividend
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. 
Jul 05, 2023 05:00 pm ET
AES Announces Second Quarter 2023 Financial Review Conference Call to be Held on Friday, August 4, 2023 at 10:00 a.m. ET
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.
Jun 20, 2023 06:30 am ET
AES Appoints Gerard M. Anderson to Board of Directors
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. 
Jun 08, 2023 08:00 am ET
AES and LineVision Partner on Grid Enhancing Technologies Study
AES will test LineVision's Dynamic Line Rating technology to increase transmission capacity
Jun 07, 2023 06:20 am ET
AES Acquires Largest Permitted Solar-Plus-Storage Project in the United States
Strengthens Position as a Leader in Providing Renewable Energy to Corporate Customers
Jun 01, 2023 06:00 am ET
AES Commences Operation of First Phase of Chevelon Butte Wind Farm
Largest Wind Project in Arizona to Generate 238 MW of Clean Energy in Phase One
May 15, 2023 10:07 pm ET
AES Announces Pricing of $900 Million of Senior Notes in Public Offering
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).
May 15, 2023 09:01 am ET
AES Announces Public Offering of Senior Notes
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.
May 08, 2023 06:00 am ET
May 04, 2023 05:13 pm ET
AES Reports Positive Momentum in First Quarter; Reaffirms 2023 Guidance; Introduces New Strategic Business Units
Detailed Business Review and Long-Term Outlook to be Presented at Investor Day on Monday, May 8, 2023
Apr 26, 2023 05:00 pm ET
AES Announces Extension Agreement for Southland Legacy Units in California
Capacity Supports Grid Reliability as State Moves Toward Decarbonization
Apr 18, 2023 05:00 pm ET
AES Announces Next Decarbonization Milestone
Agrees to PPA Buyout at 205 MW Warrior Run Plant in Maryland
Apr 06, 2023 05:00 pm ET
AES to Hold Investor Day on Monday, May 8, 2023 at 9:00 a.m. ET
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 "Upcoming Events" prior to the start of the event.  A replay will be available shortly after the conclusion of the event at www.aes.com by selecting "Investors" and then
Apr 05, 2023 05:00 pm ET
AES Announces First Quarter 2023 Financial Review Conference Call to be Held on Friday, May 5, 2023 at 10:00 a.m. ET
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.
Mar 13, 2023 06:10 am ET
AES Recognized as One of the World's Most Ethical Companies for Tenth Consecutive Year
Recognition by the Ethisphere Institute honors companies demonstrating business integrity through best-in-class ethics, compliance and governance practices 
Feb 24, 2023 04:00 pm ET
AES Announces Quarterly Dividend
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.
Feb 07, 2023 06:58 am ET
Motor Announces $7 Million Series A Investment to Accelerate Adoption of Electric Vehicles
AES and Mitsubishi Corporation invest in Motor to provide consumer EV adoption services to electric utility companies 
Jan 25, 2023 06:00 am ET
AES Announces Fourth Quarter & Full Year 2022 Financial Review Conference Call to be Held on Monday, February 27, 2023 at 10:00 a.m. ET
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.
Dec 08, 2022 06:05 am ET
Dec 08, 2022 06:00 am ET
Air Products and AES Announce Plans to Invest Approximately $4 Billion to Build First Mega-scale Green Hydrogen Production Facility in Texas
Project Capable of Producing over 200 Metric Tons Per Day of Green Hydrogen, Powered by Approximately 1.4 Gigawatts of Renewable Electricity 
Dec 08, 2022 06:00 am ET
Air Products and AES Announce Plans to Invest Approximately $4 Billion to Build First Mega-scale Green Hydrogen Production Facility in Texas
Project Capable of Producing over 200 Metric Tons Per Day of Green Hydrogen, Powered by Approximately 1.4 Gigawatts of Renewable Electricity 
Dec 02, 2022 04:00 pm ET
AES Announces 5% Increase in Quarterly Dividend
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.
Nov 23, 2022 09:26 am ET
AM Best Upgrades Credit Ratings of AES Global Insurance Company
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.
Nov 10, 2022 01:20 pm ET
Teck Secures 100% Clean Power with AES Andes for Quebrada Blanca Phase 2
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...
Oct 31, 2022 05:15 pm ET
AES names University of Dayton Students as the 2022 Energy Innovation Challenge Winners
AES' Competition Serves to Encourage Innovation by the Next Generation of Energy Industry Professionals
Oct 11, 2022 07:59 am ET
AES Dedicates 227 MW, 908 MWh of Energy Storage Projects in Southern California
The combined Luna and Lancaster Area Battery Storage projects represent one of the largest battery storage installations in the world
Oct 07, 2022 05:00 pm ET
AES Announces Quarterly Dividend
ARLINGTON, Va., Oct. 7, 2022 /PRNewswire/ -- 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. 
Oct 04, 2022 07:30 am ET
AES Announces Third Quarter 2022 Financial Review Conference Call to be Held on Friday, November 4, 2022 at 10:00 a.m. ET
ARLINGTON, Va., Oct. 4, 2022 /PRNewswire/ -- 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.
Sep 26, 2022 04:30 pm ET
AES Ohio files Electric Security Plan to improve reliability, customer price protection and future economic growth
DAYTON, Ohio, Sept. 26, 2022 /PRNewswire/ -- 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).
Aug 02, 2022 09:13 am ET
AES Named in the Top Ten on Fast Company's 2022 Ranking of Best Workplaces for Innovators
AES named the winner in the Best Workplaces for Early Career Innovators Category
Jul 15, 2022 05:00 pm ET
AES Announces Quarterly Dividend
ARLINGTON, Va., July 15, 2022 /PRNewswire/ -- 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. 
Jun 21, 2022 07:14 am ET
AES Forms US Solar Buyer Consortium with Leading Solar Companies to Invest More Than $6 Billion on Solar Panels to Scale-Up Domestic Solar Manufacturing
ARLINGTON, Va., June 21, 2022 /PRNewswire/ -- The AES Corporation (NYSE: AES) with leading US solar companies, Clearway Energy Group (Clearway), Cypress Creek Renewables and D.E. Shaw Renewable Investments (DESRI), today announced the formation of the US Solar Buyer Consortium to drive expansion of the domestic solar supply chain and support the growth of the American solar industry.
Jun 21, 2022 06:57 am ET
Leading US Solar Companies Announce Consortium to Spend over $6 Billion on Solar Modules and Support Expansion of Domestic Supply Chain
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
May 05, 2022 05:28 pm ET
AES announces deals to provide 450 MW of renewable energy to Amazon
AES will supply renewable energy from solar and battery energy storage projects to power Amazon's operations
May 04, 2022 05:00 pm ET
AES Executive Leadership Team Members to Present at Citi's 2022 Global Energy, Utilities, and Climate Technology Conference
ARLINGTON, Va., May 4, 2022 /PRNewswire/ -- 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).
May 04, 2022 07:58 am ET
AES Expands Renewable Energy Agreement with Microsoft to California Data Centers
The 20-year agreement will support Microsoft in achieving its 100/100/0 by 2030 goal
Apr 06, 2022 08:00 am ET
AES Announces First Quarter 2022 Financial Review Conference Call to be Held on Friday, May 6, 2022 at 10:00 a.m. ET
ARLINGTON, Va., April 6, 2022 /PRNewswire/ -- 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.
Mar 22, 2022 08:30 am ET
AES Indiana joins National Electric Highway Coalition
A commitment to support electric vehicle growth
Mar 22, 2022 08:30 am ET
AES Ohio joins National Electric Highway Coalition
A commitment to support electric vehicle growth
Mar 15, 2022 06:05 am ET
AES Named to List of World's Most Ethical Companies for the Ninth Year
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 
Mar 10, 2022 04:00 pm ET
AES Appoints Susan Harcourt Vice President of Investor Relations; Names Ahmed Pasha CFO of US Utilities & Conventional Generation
ARLINGTON, Va., March 10, 2022 /PRNewswire/ -- 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. 
Mar 08, 2022 06:05 am ET
AES Named to Fast Company's 2022 World's Most Innovative Companies List
ARLINGTON, Va., March 8, 2022 /PRNewswire/ -- 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.
Feb 25, 2022 04:00 pm ET
AES Announces Quarterly Dividend
ARLINGTON, Va., Feb. 25, 2022 /PRNewswire/ -- 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. 
Feb 09, 2022 07:00 am ET
Fluence Signs 1.1 GW Energy Market Optimization Agreement with AES
Fluence (Nasdaq: FLNC) today announced an agreement with The AES Corporation (NYSE: AES) to employ the AI-powered Fluence IQ Bidding Application to maximize the value of a 1.1 GW portfolio of solar and energy storage projects in the Western United...
Jan 10, 2022 05:00 am ET
AES Increases its Ownership of AES Andes to 98.13%
ARLINGTON, Va., Jan. 10, 2022 /PRNewswire/ -- 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 in AES Andes from 66.98% to 98.13%. 
Dec 20, 2021 03:26 pm ET
AES Acquires US Renewables Developer Community Energy Adding 10 GW of Renewable Projects to Growth Pipeline
ARLINGTON, Va., Dec. 20, 2021 /PRNewswire/ -- 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 pipeline and skilled development workforce.
Dec 08, 2021 06:55 am ET
AES Launches First-of-its-Kind Robot to Accelerate Solar Construction
ARLINGTON, Va., Dec. 8, 2021 /PRNewswire/ -- 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 built in cooperation with Calvary Robotics and other third parties.
Dec 07, 2021 04:20 pm ET
AES Completes Purchase of Wind Generation Portfolio from Carlyle in the State of New York
ARLINGTON, Va., Dec. 7, 2021 /PRNewswire/ -- 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.
Dec 03, 2021 04:00 pm ET
AES Announces 5% Increase in Quarterly Dividend
ARLINGTON, Va., Dec. 3, 2021 /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 $0.1505 per share to $0.1580 per share, beginning in the first quarter of 2022.
Nov 02, 2021 11:58 pm ET
Microsoft and AES Partner to Bring Around-the-Clock Renewable Energy to Data Centers
ARLINGTON, Va., Nov. 2, 2021 /PRNewswire/ -- 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 agreement to power its data centers located in Virginia. The structure of the agreement utilizes both existing renewable projects under a long-term contract to Microsoft, while also adding additional renewable resources in the region
Oct 28, 2021 06:55 am ET
AES' Energy Storage Joint Venture, Fluence Energy, Achieves Historic Milestone with Initial Public Offering
ARLINGTON, Va., Oct. 28, 2021 /PRNewswire/ -- On October 27, 2021, 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 electric grid in 2007. The Fluence shares are expected to begin trading on the Nasdaq Global Select Market on October 28, 2021, under the ticker symbol "FLNC." The initial public offering is expected to close
Oct 26, 2021 08:38 am ET
AES Ohio commemorates completion of the Smart Operations Center
DAYTON, Ohio, Oct. 26, 2021 /PRNewswire/ -- 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 accelerate a safer, greener and cleaner energy future in the United States and globally.
Oct 15, 2021 08:00 am ET
AES Announces Quarterly Dividend
ARLINGTON, Va., Oct. 15, 2021 /PRNewswire/ -- 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.
Oct 06, 2021 06:28 am ET
AES and Google Partner to Announce Nest Renew, a New Service that Accelerates Customer Support of Clean Energy
ARLINGTON, Va., Oct. 6, 2021 /PRNewswire/ -- 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 as well as opportunities to accelerate their own clean energy goals. This announcement builds on AES' 10-year strategic alliance with Google, as the companies jointly explore new technologies and innovations to promote a greene
Oct 04, 2021 05:00 pm ET
AES Announces Third Quarter 2021 Financial Review Conference Call to be Held on Thursday, November 4, 2021 at 9:00 a.m. EDT
ARLINGTON, Va., Oct. 4, 2021 /PRNewswire/ -- 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.
Sep 28, 2021 08:16 am ET
Fluence Files Registration Statement with the SEC for Proposed Initial Public Offering
ARLINGTON, Va., Sept. 28, 2021 /PRNewswire/ -- 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 a proposed initial public offering of its Class A common stock. Fluence Energy, Inc. has applied to list its common stock on the Nasdaq Global Select Market under the symbol "FLNC." The number of shares to be offered and t
Sep 21, 2021 09:41 pm ET
AES Announces CFO Transition
ARLINGTON, Va., Sept. 21, 2021 /PRNewswire/ -- 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 to that role, he served as the Chief Executive Officer of Fluence, AES' energy storage joint venture with Siemens.  Coughlin succeeds Gustavo Pimenta, who will be joining Brazilian mining company, Vale S.A., as Chief Fina
Sep 14, 2021 07:31 am ET
AES Announces Acquisition of 49.9% Stake in AES Colón
ARLINGTON, Va., Sept. 14, 2021 /PRNewswire/ -- 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.
Aug 19, 2021 08:00 am ET
AES Selects Borrego to Build Utility-Scale Solar Projects in Michigan
SAN DIEGO, Aug. 19, 2021 /PRNewswire/ -- 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 represents Borrego's first foray into the growing Michigan clean energy market and some of the company's latest project wins in the utility-scale solar sector.
Aug 04, 2021 06:54 pm ET
Aug 03, 2021 07:59 am ET
AES Collaborates with X, the moonshot factory on New Grid Virtualization Technologies to Accelerate a Cleaner Energy Future
ARLINGTON, Va., Aug. 3, 2021 /PRNewswire/ -- 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.
Aug 02, 2021 08:32 am ET
AES Indiana announces its acquisition of the Petersburg Solar Project adding new technologies and economic benefits to Pike Co.
INDIANAPOLIS, Aug. 2, 2021 /PRNewswire/ -- 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. 
Jul 19, 2021 05:00 pm ET
AES Announces Quarterly Dividend
ARLINGTON, Va., July 19, 2021 /PRNewswire/ -- 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.
Jul 06, 2021 07:39 pm ET
AES Announces More Than 1 GW of Coal Retirements in Chile
ARLINGTON, Va., July 6, 2021 /PRNewswire/ -- 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. Signed at the Moneda Palace in Santiago, this agreement represents the single largest coal retirement announcement by any power company in Chile to date and includes roughly 20% of the country's installed coal capacity. Under the
Jul 06, 2021 08:00 am ET
AES Announces Second Quarter 2021 Financial Review Conference Call to be Held on Thursday, August 5, 2021 at 9:00 a.m. EDT
ARLINGTON, Va., July 6, 2021 /PRNewswire/ -- 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.
Jun 23, 2021 08:00 am ET
Uplight and AES to Transform Customers’ Energy Experience While Achieving Greater Efficiency and Cost Savings
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 Uplig
Jun 16, 2021 05:37 pm ET
PUCO approves the AES Ohio settlement agreement including Smart Grid
DAYTON, Ohio, June 16, 2021 /PRNewswire/ -- 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 unanimous stipulation (Stipulation). The order, which resolves a number of matters, allows AES Ohio to move forward with its plans to invest $249 million in capital projects over the next four years providing direct customer benefits
Jun 16, 2021 02:22 pm ET
IURC approves AES Indiana agreement to acquire 195-megawatt solar project in Clinton Co.
INDIANAPOLIS, June 16, 2021 /PRNewswire/ -- 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.
Jun 09, 2021 04:45 pm ET
AES Wins Annual Edison Award for Alamitos Battery Energy Storage Project in California
ARLINGTON, Va., June 9, 2021 /PRNewswire/ -- 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.
Feb 25, 2021 05:00 am ET
AES Met or Exceeded all 2020 Strategic and Financial Objectives
ARLINGTON, Va., Feb. 25, 2021 /PRNewswire/ --
Feb 24, 2021 06:30 am ET
Dayton Power and Light Company changes name to AES Ohio
DAYTON, Ohio, Feb. 24, 2021 /PRNewswire/ -- 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.
Feb 24, 2021 06:30 am ET
Indianapolis Power & Light Company changes name to AES Indiana
INDIANAPOLIS, Feb. 24, 2021 /PRNewswire/ -- 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.
Feb 08, 2021 06:23 pm ET
sPower, Now Part of AES Clean Energy, Closes Landmark Debt Financing for a 400 MWh Standalone Battery Storage Project in California
ARLINGTON, Va., Feb. 8, 2021 /PRNewswire/ -- 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 business in the United States. The combined business represents one of the top renewables growth platforms in the country with the ex
Feb 08, 2021 06:00 am ET
AES to Hold Virtual Investor Day on Wednesday, March 3, 2021 at 9:00 a.m. EST
ARLINGTON, Va., Feb. 8, 2021 /PRNewswire/ -- 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.
Feb 05, 2021 12:00 pm ET
IPL announces agreement to acquire solar project in Clinton County
INDIANAPOLIS, Feb. 5, 2021 /PRNewswire/ -- 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 acquisition agreement is subject to approval from the Indiana Utility Regulatory Commission.
Feb 01, 2021 09:33 am ET
DP&L expands its senior leadership team
DAYTON, Ohio, Feb. 1, 2021 /PRNewswire/ -- The Dayton Power and Light Company (DP&L), a subsidiary of the AES Corporation (NYSE: AES), today announced additions to its senior leadership team.
Jan 29, 2021 01:40 pm ET
IPL announces expanded senior leadership and government affairs teams
INDIANAPOLIS, Jan. 29, 2021 /PRNewswire/ -- 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.
Jan 27, 2021 07:30 am ET
AES Commissions Alamitos Energy Storage Facility in Long Beach, California
LONG BEACH, Calif., Jan. 27, 2021 /PRNewswire/ -- 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 State of California meet its sustainability goal of 100 percent carbon-free energy by 2045.
Jan 25, 2021 06:00 am ET
AES Announces Fourth Quarter and Full Year 2020 Financial Review Conference Call to be Held on Thursday, February 25, 2021 at 9:00 a.m. EST
ARLINGTON, Va., Jan. 25, 2021 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Thursday, February 25, 2021 at 9:00 a.m. Eastern Standard Time (EST) to review its fourth quarter and full year 2020 financial results.
Jan 14, 2021 03:45 pm ET
Dayton Power & Light earns EEI Emergency Response Award for mutual assistance efforts to restore service after Hurricane Isaias
DAYTON, Ohio, Jan. 14, 2021 /PRNewswire/ -- The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), today was given the Edison Electric Institute's (EEI) Emergency Assistance Award for its outstanding work to restore electric service to impacted customers in the greater Philadelphia area following Hurricane Isaias in August 2020. 
Jan 04, 2021 06:00 am ET
AES Agrees to Sell Mong Duong 2 Coal-Fired Plant in Vietnam
ARLINGTON, Va., Jan. 4, 2021 /PRNewswire/ -- The AES Corporation (NYSE: AES) signed an agreement on December 31, 2020 to sell its entire equity interest in the 1,242 MW Mong Duong 2 coal-fired power plant in Vietnam to a consortium led by a US-based investor.  This transaction is expected to close in late 2021 or early 2022, subject to customary approvals, including from the Government of Vietnam and the minority partners in Mong Duong 2. 
Dec 30, 2020 05:30 am ET
Fluence Announces Investment from Qatar Investment Authority to Accelerate Growth and Global Deployment of Grid-Scale Energy Storage Technology
ARLINGTON, Va. and DOHA, Qatar and MUNICH, Dec. 30, 2020 /PRNewswire/ -- Fluence, the leading global energy storage solutions provider, announced today that it has entered into a definitive agreement with the Qatar Investment Authority (QIA) pursuant to which QIA will commit to invest $125 million in Fluence through a private placement transaction. Consummation of the transaction is subject to the satisfaction of customary closing conditions, including regulatory clearances. QIA's investment brings another strong financial partner to The AES Corporation (AES) and Siemens joint venture, furth
Dec 10, 2020 05:52 pm ET
sPower Expands New York Portfolio Through 1-Gigawatt Acquisition
sPower, a leading renewable energy Independent Power Producer (IPP), announced today the acquisition of nine solar projects in New York from National Grid Renewables, the renewable energy arm of National Grid's competitive, unregulated division. The portfolio includes projects in Franklin, Jefferson, Chautauqua, Lewis, and other counties across Upstate New York. This portfolio is estimated to have a 1-gigawatt (GWdc) capacity of renewable energy.
Dec 09, 2020 06:00 am ET
AES Posts ESG Update Presentation
ARLINGTON, Va., Dec. 9, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) today posted an ESG update presentation to its website.  Interested parties may access the presentation at www.aes.com by selecting "Investors" and then "Presentations and Webcasts."
Dec 07, 2020 04:00 pm ET
AES Announces 5% Increase in Quarterly Dividend
ARLINGTON, Va., Dec. 7, 2020 /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 $0.1433 per share to $0.1505 per share, beginning in the first quarter of 2021. 
Dec 04, 2020 06:00 am ET
AES Announces Early Results of Tender Offers and Consent Solicitations for Any and All of Its Outstanding 5.500% Senior Notes Due 2025, 6.000% Senior Notes Due 2026, and 5.125% Senior Notes Due 2027
ARLINGTON, Va., Dec. 4, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the early tender results of its previously announced offers to purchase (the "Tender Offers" and each, a "Tender Offer") for cash, subject to certain terms and conditions, any and all of its of its outstanding 5.500% senior notes due 2025, 6.000% senior notes due 2026, and 5.125% senior notes due 2027 (collectively, the "Securities").
Nov 25, 2020 04:47 pm ET
Dayton Power and Light announces investments to continue long-term reliability
DAYTON, Ohio, Nov. 25, 2020 /PRNewswire/ -- Dayton Power & Light Company (DP&L), a subsidiary of the AES Corporation (NYSE:AES), announced its improvements to continue long-term reliability for its customers in DP&L's 24-county service territory. DP&L's service to customers will improve, while rates will remain the lowest in Ohio among investor-owned utilities.
Nov 19, 2020 03:39 pm ET
AES Announces Pricing of $1.8 Billion of Senior Notes in a Private Offering
ARLINGTON, Va., Nov. 19, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced that it has priced $800 million aggregate principal amount of 1.375% senior notes due 2026 (the "2026 Notes") and $1 billion aggregate principal amount of 2.450% senior notes due 2031 (the "2031 Notes" and together with the 2026 Notes, the "New Notes").
Nov 19, 2020 07:44 am ET
AES Announces Cash Tender Offers and Consent Solicitations for Any and All of Its 5.500% Senior Notes due 2025, 6.000% Senior Notes due 2026 and 5.125% Senior Notes due 2027
ARLINGTON, Va., Nov. 19, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the commencement of tender offers to purchase (each offer a "Tender Offer" and collectively, the "Tender Offers") for cash, subject to certain terms and conditions, any and all of its outstanding 5.500% senior notes due 2025 (the "2025 Notes"), 6.000% senior notes due 2026 (the "2026 Notes") and 5.125% senior notes due 2027 (the "2027 Notes" and, together with the 2025 Notes and the 2026 Notes, the "Securities").
Nov 19, 2020 07:39 am ET
AES Announces Private Offering of Senior Notes
ARLINGTON, Va., Nov. 19, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") today announced that it intends, subject to market and other conditions, to offer Senior Notes due 2026 (the "2026 Notes") and Senior Notes due 2031 (the "2031 Notes" and together with the 2026 Notes, the "New Notes") in a private offering exempt from registration in accordance with Rule 144A and Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act").
Nov 17, 2020 06:00 am ET
AES and AIMCo to Form Leading Renewables Platform in the US
ARLINGTON, Va., Nov. 17, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced an agreement with Alberta Investment Management Corporation (AIMCo) to merge the sPower development platform, a leading independent solar developer in the US, with AES' US-based clean energy development business to accelerate the safe, reliable transition to cleaner energy solutions in the country. AES' wholly-owned clean energy development business includes AES Distributed Energy and a wind development team formerly part of Advance Energy. The merged business will represent one of the top renewable
Nov 12, 2020 11:38 am ET
AM Best Upgrades Credit Ratings of AES Global Insurance Company
AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “bbb+” of AES Global Insurance Company (AGIC) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable.
Oct 29, 2020 05:45 pm ET
Indianapolis Power & Light Company names energy industry leader Kristina Lund as president and CEO
INDIANAPOLIS, Oct. 29, 2020 /PRNewswire/ -- Indianapolis Power & Light Company (IPL), a subsidiary of The AES Corporation (NYSE: AES), announces Kristina Lund has been named president and CEO of the utility which serves approximately 500,000 customers throughout central Indiana.  
Oct 29, 2020 02:49 pm ET
Dayton Power & Light Company names energy industry leader Kristina Lund as president and CEO
DAYTON, Ohio, Oct. 29, 2020 /PRNewswire/ -- Dayton Power & Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), announces Kristina Lund has been named president and CEO of the utility which serves approximately 527,000 customers in west central Ohio.
Oct 28, 2020 06:01 am ET
AES continues to accelerate the future of energy with the launch of a new brand and product offerings
ARLINGTON, Va., Oct. 28, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) today launched a new brand to reflect its transformation as a leading energy company and announced product offerings to help organizations achieve their energy objectives. The company has aggressively led the world's transition to cleaner energy and is executing an ambitious carbon reduction strategy. As one of the largest renewables developers in the world, AES is adding 2 to 3 gigawatts (GW) of new renewables every year and has a 6 GW backlog of clean energy projects, including those with signed agreements or und
Oct 23, 2020 10:20 am ET
DP&L reaches comprehensive settlement agreement resolving numerous cases including its Smart Grid Plan
DAYTON, Ohio, Oct. 23, 2020 /PRNewswire/ -- Dayton Power & Light Company (DP&L), a subsidiary of the AES Corporation (NYSE:AES), has filed a nearly unanimous stipulation (Stipulation) to invest $249 million in capital projects over the next four years providing direct customer benefits through modernizing the electric grid and building a smarter energy future for customers. This four-year plan is a significant initial step to modernize the electric grid to provide personalized, seamless service that will enhance reliability, efficiency, and customer value.
Oct 16, 2020 08:00 am ET
AES Announces Quarterly Dividend
ARLINGTON, Va., Oct. 16, 2020 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1433 per share payable on November 16, 2020 to shareholders of record at the close of business on October 30, 2020.
Sep 17, 2020 09:00 am ET
Teck Carmen de Andacollo Switches to Renewable Power
Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) and The AES Corporation (NYSE: AES) announced today that their Chilean affiliates, Compañía Minera Teck Carmen de Andacollo S.A. ("CdA”) and AES Gener S.A (“AES Gener”), have...
Aug 06, 2020 06:00 am ET
Jul 30, 2020 12:39 am ET
AES and 5B Accelerating World's Transition to Solar Energy
ARLINGTON, Va., July 30, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced today that it has made a strategic investment in 5B, a solar technology innovator based in Sydney, Australia. 5B's revolutionary MAVERICK design enables customers to add solar resources at a pace that is three times faster while providing up to two times more energy within the same footprint of traditional solar facilities. Together, AES and 5B will help clients accelerate their use of solar energy. 
Jul 29, 2020 09:25 am ET
AES Announces Agreement to Acquire 18.5% Interest in AES Tietê, Increasing Ownership to 43%
ARLINGTON, Va., July 29, 2020 /PRNewswire/ -- The AES Corporation announced today that its wholly-owned subsidiary, AES Holdings Brazil Ltda's (AES Brasil) has agreed to acquire an 18.5% economic interest in AES Tietê S.A from BNDES Participações S.A.'s (BNDESPar).  Under the terms of the acquisition, AES Brasil will purchase for a total consideration of BRL $1.27 billion (equivalent to $246 million).  This transaction will be funded primarily with already secured non-recourse debt financing from a consortium of Brazilian banks.  This acquisition is expected to be $0.01 to $0.02 per share
Jul 29, 2020 09:16 am ET
AES Ranked Among the Top US Companies for Innovators
ARLINGTON, Va., July 29, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) today was named to Fast Company's 2020 edition of Best Workplaces for Innovators, recognizing AES' commitment to encouraging and supporting its people in the pursuit of leading-edge energy technologies and business development. The Fast Company list, which is online today and will be published in a special September print issue of the magazine, places AES among 100 major global corporations, including Google, Amazon, Ørsted, Siemens, and Pfizer.
Jul 20, 2020 05:00 pm ET
AES Announces Quarterly Dividend
ARLINGTON, Va., July 20, 2020 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1433 per share payable on August 18, 2020 to shareholders of record at the close of business on August 3, 2020.
Jul 16, 2020 04:56 pm ET
Indianapolis Power & Light Company announces new options to assist customers due to COVID-19
INDIANAPOLIS, July 16, 2020 /PRNewswire/ -- Indianapolis Power & Light Company today announces new planned options to assist customers experiencing financial hardship as a result of the COVID-19 pandemic. In mid-March, IPL suspended disconnection for nonpayment to provide the reliable electric service customers needed throughout the state's stay-at-home order and beyond. Now, IPL is announcing expanded flexible payment arrangements available to customers to include 3, 6, 9 or 12-month options. In addition, IPL infused $75,000 to its Power of Change fund, which provides one-time grant ass
Jul 06, 2020 05:00 pm ET
AES Announces Second Quarter 2020 Financial Review Conference Call to be Held on Thursday, August 6, 2020 at 9:00 a.m. EDT
ARLINGTON, Va., July 6, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) will host a conference call on Thursday, August 6, 2020 at 9:00 a.m. Eastern Daylight Time (EDT) to review its second quarter 2020 financial results.
Jun 30, 2020 07:00 am ET
AES Announces Sale of Itabo Generation Facility in the Dominican Republic
ARLINGTON, Va., June 30, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced today an agreement to sell 100% of its equity interest in the 295 MW Itabo power plant in San Cristobal, Dominican Republic to Grupo Linda, a Dominican-based conglomerate.  AES has owned and operated the Itabo facility, which includes a 260 MW coal-fired plant, and a 35 MW gas turbine, for more than two decades.  Grupo Linda has co-owned AES Dominicana, AES' generation and natural gas business in the Dominican Republic, with AES since 2014. 
Jun 23, 2020 08:00 am ET
AES Announces Significant Step in the Transformation of its Portfolio
ARLINGTON, Va., June 23, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced today an agreement to sell its entire equity interest in the 1,740 MW OPGC 1&2 coal-fired power plants in Odisha, India to Adani Power Limited.  Through this sale, AES' generation in MWh from coal will be reduced to 35% of total generation, from 45%.
Jun 08, 2020 04:19 pm ET
DP&L residential customers will pay less on monthly electric bill
DAYTON, Ohio, June 8, 2020 /PRNewswire/ -- Dayton Power & Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), today announced it has decreased the price by 4.5% for residential customers who receive their power supply from the utility. This month, a typical residential customer using 1,000 kilowatt-hours of electricity monthly will pay $4.47 less than in prior months. DP&L's residential rates are the lowest in Ohio and this reduction provides even greater savings, representing an average of $54 on their annual electric bill.
Jun 04, 2020 08:00 am ET
AES Announces Early Results of Tender Offers For Certain Outstanding Notes
ARLINGTON, Va., June 4, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company")  announced today the early results of the previously announced cash tender offers (the "Tender Offers" and each, a "Tender Offer") for up to $1,584,000,000 combined aggregate purchase price of its outstanding 4.000% Senior Notes due 2021 (the "2021 Notes"), 4.875% Senior Notes due 2023 (the "4.875% 2023 Notes") and 4.500% Senior Notes due 2023 (the "4.500% 2023 Notes" and, together with the 4.875% 2023 Notes, the "2023 Notes", and the 2023 Notes together with the 2021 Notes, the "Securities"
Jun 01, 2020 04:57 pm ET
AES Distributed Energy Selected for Two O'ahu Solar + Storage Projects
HONOLULU, June 1, 2020 /PRNewswire/ -- AES Distributed Energy (AES DE), a division of The AES Corporation (NYSE: AES), was selected by Hawaiian Electric Companies to develop and operate two new utility-scale solar + storage facilities on O'ahu, Hawai'i. Combined, these two projects are expected to generate a total of 137,000 MWh of locally produced, reliable renewable energy, serving upwards of 23,000 homes. The projects represent AES' continued commitment in helping the State of Hawai'i and its people achieve their 100% renewable energy goals while accelerating a smarter, safer and greener
Jun 01, 2020 08:00 am ET
AES Announces Early Results and Extends Early Tender Date of Tender Offers and Consent Solicitations For Certain Outstanding Notes
ARLINGTON, Va., June 1, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company")  announced today that it has extended the early tender date with respect to its previously announced cash tender offers (the "Tender Offers" and each, a "Tender Offer") for up to $1,584,000,000 combined aggregate purchase price of its outstanding 4.000% Senior Notes due 2021 (the "2021 Notes"), 4.875% Senior Notes due 2023 (the "4.875% 2023 Notes") and 4.500% Senior Notes due 2023 (the "4.500% 2023 Notes" and, together with the 4.875% 2023 Notes, the "2023 Notes", and the 2023 Notes together
May 29, 2020 08:00 am ET
AES Executive Vice President and Chief Financial Officer, Gustavo Pimenta, to Present at RBC Global Energy and Power Executive Conference
ARLINGTON, Va., May 29, 2020 /PRNewswire/ -- Gustavo Pimenta, Executive Vice President and Chief Financial Officer of The AES Corporation (NYSE: AES), will address the RBC Global Energy and Power Executive Conference on Wednesday, June 3, 2020 at 2:40 p.m. Eastern Time.
May 15, 2020 09:17 pm ET
AES Announces Pricing of $1.6 Billion of Senior Secured First Lien Notes in a Private Offering
ARLINGTON, Va., May 15, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced that it has priced $900 million aggregate principal amount of 3.30% Senior Secured First Lien Notes due 2025 and $700 million aggregate principal amount of 3.95% Senior Secured First Lien Notes due 2030 (together, the "Notes").  AES intends to use the proceeds from the offering to fund purchases of up to $1.584 billion aggregate purchase amount across its 4.000% Senior Notes due 2021, 4.875% Senior Notes due 2023 (together the "Outstanding Notes") in tender offers (the "Tender Offers") and to pay certai
May 15, 2020 09:14 pm ET
AES Announces the Upsizing of its Tender Offers to Up to $1.584 Billion Aggregate Purchase Price for Certain Outstanding Notes
ARLINGTON, Va., May 15, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the upsizing of the previously announced cash tender offers (the "Tender Offers" and each, a "Tender Offer") for up to $1.485 billion combined aggregate purchase amount of certain outstanding notes that are subject to the Tender Offers (collectively, the "Securities") as set forth in the Offer to Purchase (as defined below). AES is increasing the aggregate purchase price from $1.485 billion to $1.584 billion (the "Aggregate Purchase Price"), and is increasing the aggregate ma
May 15, 2020 09:47 am ET
AES Announces Cash Tender Offers and Consent Solicitations for Up to $1,485,000,000 Aggregate Purchase Amount
ARLINGTON, Va., May 15, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the commencement of tender offers to purchase (the "Tender Offers" and each, a "Tender Offer") for cash, subject to certain terms and conditions, up to $1,485,000,000 aggregate purchase price (the "Aggregate Purchase Amount") of its outstanding notes listed in the table below (collectively, the "Securities").
May 15, 2020 09:38 am ET
AES Announces Private Offering of Senior Secured First Lien Notes
ARLINGTON, Va., May 15, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") today announced that it intends, subject to market and other conditions, to offer Senior Secured First Lien Notes due 2025 (the "2025 Notes") and Senior Secured First Lien Notes due 2030 (the "2030 Notes" and together with the 2025 Notes, the "New Notes") in a private offering exempt from registration in accordance with Rule 144A and Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act"). The New Notes will be secured on a first priority basis by li
May 13, 2020 03:51 pm ET
AES United States Strategic Business Unit announces resignation of IPL and DP&L President and CEO
The AES Corporation (NYSE: AES) United States Strategic Business Unit announced today that its US Utilities President and CEO Vince Parisi has resigned to spend more time with his family, who reside in the Columbus, Ohio area. Parisi, who is the President and CEO of Indianapolis Power & Light Company (IPL) and The Dayton Power and Light Company (DP&L), will depart effective June 5, 2020.  
May 13, 2020 03:50 pm ET
AES United States Strategic Business Unit announces resignation of DP&L and IPL President and CEO
The AES Corporation (NYSE: AES) United States Strategic Business Unit announced today that its US Utilities President and CEO Vince Parisi has resigned to spend more time with his family, who reside in the Columbus, Ohio area. Parisi, who is the President and CEO of and The Dayton Power and Light Company (DP&L) and Indianapolis Power & Light Company (IPL), will depart effective June 5, 2020.  
May 13, 2020 12:56 pm ET
Goldwind Sells Stake In Panamanian Wind Project
CHICAGO, May 13, 2020 /PRNewswire/ -- Goldwind Americas today announced the sale of its 55-megawatt Penonomé I (one) Wind Project to AES Panamá S.R.L. ("AES Panamá"), a subsidiary of The AES Corporation (NYSE: AES) and Panama's largest power generator.
May 12, 2020 10:43 am ET
AES Announces Investor Meetings for Potential Offering of Senior Secured Notes
ARLINGTON, Va., May 12, 2020 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced today that it intends to hold one or more meetings with potential investors with respect to a proposed offering of senior secured notes in a transaction exempt from the registration requirements under the Securities Act of 1933, as amended (the "Securities Act") (the "Offering"). There can be no assurance that the Company will proceed with the Offering at all or, if the Company elects to proceed with the Offering, the terms thereof.
May 07, 2020 06:04 am ET
AES Continues to Make Progress on Strategic Objectives
ARLINGTON, Va., May 7, 2020 /PRNewswire/ --
Apr 15, 2020 08:00 am ET
AES Announces Quarterly Dividend
The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1433 per share payable on May 15, 2020 to shareholders of record at the close of business on May 1, 2020.
Apr 07, 2020 05:00 pm ET
AES Announces First Quarter 2020 Financial Review Conference Call to be Held on Thursday, May 7, 2020 at 9:00 a.m. EDT
The AES Corporation (NYSE: AES) will host a conference call on Thursday, May 7, 2020 at 9:00 a.m. Eastern Daylight Time (EDT) to review its first quarter 2020 financial results.
Mar 30, 2020 08:00 am ET
AES Sells 51 Acres of Coastal Property in Redondo Beach
AES US finalized the sale of approximately 51 acres of coastal land in Redondo Beach, California to a private developer. The property is the site of the AES Redondo Beach Power Plant, located at 1100 North Harbor Drive in Redondo Beach, California.
Mar 17, 2020 05:51 pm ET
DPL Inc. Announces Extension of its Registered Exchange Offer
DPL Inc. (“DPL”) announced today that its pending offer to exchange (the “Exchange Offer”) any and all of its outstanding existing 4.35% Senior Notes due 2029 (the “Old Notes”), which were issued in a private placement, for its new 4.35% Senior Notes due 2029 (the “New Notes”), which have been registered under the Securities Act of 1933, as amended (the “Act”), originally set to expire at 4:59 p.m., New York City time, on April 9, 2020, has been extended and is now set to expire at 5:00 p.m., New York City time, on Monday, April 13, 2020.
Feb 28, 2020 06:00 am ET
AES Achieves 2019 Strategic and Financial Goals by Accelerating a Greener Energy Future
The AES Corporation (NYSE: AES) today reported financial results for the year ended December 31, 2019.
Feb 03, 2020 08:30 am ET
Teck and AES Gener Announce Renewable Energy Agreement
Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) and The AES Corporation (NYSE: AES) announced today that their Chilean affiliates, Compañía Minera Teck Quebrada Blanca S.A. ("CMTQB") and AES Gener S.A (AES Gener), have entered into a...
Jan 28, 2020 08:00 am ET
AES Announces Fourth Quarter & Full Year 2019 Financial Review Conference Call to be Held on Friday, February 28, 2020 at 9:00 a.m. EST
The AES Corporation (NYSE: AES) will host a conference call on Friday, February 28, 2020 at 9:00 a.m. Eastern Standard Time (EST) to review its fourth quarter and full year 2019 financial results.
Jan 08, 2020 03:09 pm ET
Dayton Power & Light Earns EEI Emergency Recovery Award for Efforts to Restore Service in Ohio After a Tornado Outbreak
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), was presented today with the Edison Electric Institute’s (EEI’s) “Emergency Recovery Award” for its outstanding power restoration efforts after a series of tornados hit Ohio in May.
Jan 08, 2020 03:09 pm ET
Indianapolis Power & Light Earns EEI Emergency Assistance Award for Efforts to Restore Service in Ohio After Tornados
Indianapolis Power & Light Company (IPL), a subsidiary of The AES Corporation (NYSE: AES), was presented today with the Edison Electric Institute’s (EEI’s) “Emergency Assistance Award” for its response efforts after severe tornados hit Dayton, Ohio, in May 2019.
Dec 19, 2019 05:49 pm ET
Indianapolis Power & Light Company to Issue All-Source RFP to Meet Future Electric Needs
Indianapolis Power & Light Company (IPL) announces that Sargent & Lundy will act on IPL’s behalf to facilitate an all-source request for proposals (RFP) to meet future electric needs of our customers and the communities we serve. The RFP, which will be issued Friday, December 20, considers all potential options for replacement generation capa
Dec 18, 2019 04:23 pm ET
PUCO Partially Approves DP&L’s Rate Request With Modifications
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), announced that the Public Utilities Commission of Ohio (PUCO) has issued an order partially approving DP&L’s November 29th request to implement rates consistent with its most recent Standard Service Offer approved by the PUCO in 2016 and based on its first Electric Security Plan (ESP 1). An important component of DP&L’s request, the Rate Stability Charge (RSC) will be reinstated, allowing DP&L to make investments to its transmission and distribution system to support basic reliability in the
Dec 09, 2019 05:00 pm ET
AES Announces 5% Increase in Quarterly Dividend
The Board of Directors of The AES Corporation (NYSE: AES) approved an increase of 5% in the Company’s quarterly common stock dividend, from $0.1365 per share to $0.1433 per share, beginning in the first quarter of 2020.
Nov 21, 2019 09:05 pm ET
DP&L Responds to Reversal of Distribution Modernization Rider
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), announced today that the Public Utilities Commission of Ohio (PUCO) issued an opinion and order invalidating a critical part of DP&L’s previously approved October 2017 Electric Security Plan (ESP).
Nov 21, 2019 07:05 pm ET
AES Provides Update on Regulatory Developments at DP&L in Ohio; Reaffirms 2019 Guidance and Growth Rate Through 2022
The AES Corporation (NYSE: AES) announced that the Public Utilities Commission of Ohio (PUCO) has modified Dayton Power & Light’s (DP&L) rates, removing the annual Distribution Modernization Rider (DMR) currently in place through October 2020. The PUCO also ordered DP&L to file new rates reflecting this change by no later than November 29, 2019. DP&L expects to withd
Nov 06, 2019 06:00 am ET
AES Delivers Strong Third Quarter Results and Accelerates Strategic Plans
The AES Corporation (NYSE: AES) today reported financial results for the quarter ended September 30, 2019.
Nov 06, 2019 05:45 am ET
AES and Google Create Strategic Alliance to Accelerate the Future of Energy
The AES Corporation (NYSE: AES) today announced that it is entering into a 10-year strategic alliance with Google to accelerate the growth and adoption of clean energy by leveraging Google Cloud technology to pioneer innovation in the sector. This alliance builds on the recent agreement between Google and AES to provide long-term renewable power to Google’s data cent
Nov 04, 2019 08:55 am ET
DP&L’s Gift of Power Helps Local Families Stay Warm This Winter
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), begins the fifth year of the Gift of Power program to lend a hand to those needing assistance paying their winter heating bills. Our contribution of $165,000 along with generous donations from DP&L customers and our employees keeps the power on for families, friends and neighbors throughout our 24-county service territory. All donations are administered by The Salvation Army and every dollar stays local.
Oct 18, 2019 08:30 am ET
AES Makes Cleaner Fuel Available to All of Central America With Commercial Operation of AES Colón
The AES Corporation (NYSE: AES) today announced the start of operations of the first liquefied natural gas (LNG) hub in Panama and Central America, located at the AES Colón plant. AES Colón consists of the 180,000 m3 LNG tank and a 381 MW combined cycle power plant, which reached commercial operations in 2018 and had been previously operating with gas from
Oct 16, 2019 08:00 am ET
AES Announces Quarterly Dividend
The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1365 per share payable on November 15, 2019, to shareholders of record at the close of business on November 1, 2019.
Oct 08, 2019 08:00 am ET
sPower Reaches Commercial Operation on 20 MW AC Addition to Lancaster Solar Portfolio
sPower, a leading renewable energy Independent Power Producer (IPP), today announced that the company completed its latest addition to its solar portfolio in Lancaster, California. Antelope DSR 3 is a 20-Megawatt (MW) AC solar energy project, constructed by Cupertino Electric, Inc., a California-based company.
Oct 07, 2019 08:17 am ET
AES Announces Third Quarter 2019 Financial Review Conference Call to be Held on Wednesday, November 6, 2019 at 9:00 a.m. EST
The AES Corporation (NYSE: AES) will host a conference call on Wednesday, November 6, 2019 at 9:00 a.m. Eastern Standard Time (EST) to review its third quarter 2019 financial results.
Oct 01, 2019 08:00 am ET
AES Accelerates Debt Reduction by Prepaying $443 Million of Recourse Debt
The AES Corporation (NYSE: AES) today announced that in September it voluntarily prepaid $443 million of recourse debt. As a result, the Company’s long-term recourse debt balance has been reduced to $3.2 billion as of September 30, 2019. The Company previously planned to reduce its recourse debt by $300 million through 2022, including $150 million in 2019. With this pre
Sep 30, 2019 05:23 pm ET
AES Granted Approval to Develop 2.2 GW Gas Power Plant in Vietnam
The AES Corporation (NYSE: AES) today announced it was granted approval by the Government of Vietnam to develop a 2.2 GW combined cycle gas turbine (CCGT) power plant, which will be located in the south-central province of Binh Thuan, Vietnam. The Son My 2 plant will have a 20-year contract with the Government of Vietnam, and is expected to achieve financial close in
Sep 20, 2019 05:13 pm ET
sPower Closes Debt and Tax Equity Financing for 218 MW Wind Farm
sPower, a leading renewable energy Independent Power Producer (IPP), today announced that the company closed on the debt financing and tax equity commitment for Prevailing Wind Park, in Bon Homme, Charles Mix and Hutchinson Counties in South Dakota.
Aug 06, 2019 06:00 am ET
AES on Track to Attain Investment Grade Credit Ratings in 2020 and Reaffirms Outlook Through 2022
The AES Corporation (NYSE: AES) today reported financial results for the quarter ended June 30, 2019.
Jul 24, 2019 10:10 am ET
Indianapolis Power & Light Company to Modernize Local Energy Grid, Invest in Modernizing Equipment and Technology
Indianapolis Power & Light Company (IPL), an AES Company, submitted a plan today to the Indiana Utility Regulatory Commission (IURC) that will allow it to modernize its electric grid over a seven-year period to continue meeting the energy needs of customers.
Jul 22, 2019 10:00 am ET
sPower and PSEG Long Island Help New York Move Towards Ambitious Clean Energy Goals
sPower, a national leader in development, construction and operation of solar power facilities, and PSEG Long Island, a major electric utility provider, are proud to announce the completion of sPower’s solar plant in Riverhead, NY. The project is 20 MWac and will provide power for approximately 2,870 homes annually. As New York moves to completely decarbonize its electricity system by 2040, the Riverhead project will help the state move towards that goal as it will remove 23,970 metric tons of CO2 each year.
Jul 16, 2019 08:00 am ET
AES Announces Quarterly Dividend
The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1365 per share payable on August 15, 2019, to shareholders of record at the close of business on August 1, 2019.
Jul 15, 2019 08:00 am ET
AES Announces Merger of Simple Energy into Uplight, the Premier Provider of Cloud-Based Energy Experience Solutions
The AES Corporation (NYSE:AES) today announced the merger of Simple Energy with Tendril to form Uplight, a new company that offers the most comprehensive suite of customer-facing solutions for electric and gas utilities. Building on AES’ 2018 investment in Simple Energy, the Company made a $53 million strategic investment in Uplight as part of the merger. AES will se
Jul 09, 2019 09:00 am ET
Dayton Power and Light Launches New Website
“We are excited to launch the new dpandl.com. Our customers are important to us, we listen to their feedback and learn from best practices within and outside of our industry,” said Vince Parisi, DP&L President & CEO. “The value of this redesign is not just the fresh look and feel. We focused on making the website easier for our customers to locate and use the important programs and services they need whether they are on a desktop computer or their mobile devices.”
Jul 08, 2019 05:00 pm ET
AES Announces Second Quarter 2019 Financial Review Conference Call to be Held on Tuesday, August 6, 2019 at 9:00 a.m. EDT
The AES Corporation (NYSE: AES) will host a conference call on Tuesday, August 6, 2019 at 9:00 a.m. Eastern Daylight Time (EDT) to review its second quarter 2019 financial results.
Jun 27, 2019 06:00 am ET
AES Breaks Ground on 400 MWh Energy Storage Project in Southern California
AES Alamitos, a subsidiary of The AES Corporation (NYSE: AES), announces the groundbreaking of a 400 megawatt-hour (MWh) battery-based energy storage system for Alamitos Energy Center (AEC) as part of a larger modernization and replacement project of the existing AES Alamitos Generating Station. The energy storage facility in Long Beach will provide up to 400 MWh of
Jun 12, 2019 05:00 pm ET
AES Executive Vice President and CFO Gustavo Pimenta to Present at JP Morgan Energy Conference
Gustavo Pimenta, Executive Vice President and Chief Financial Officer of
Jun 11, 2019 08:30 am ET
Dayton Power & Light Company Earns EEI Emergency Recovery Award for Efforts to Restore Service in Ohio Following an Ice Storm
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), was presented today with the Edison Electric Institute’s (EEI’s) “Emergency Recovery Award” for its outstanding power restoration efforts after an ice storm hit Ohio in November 2018.
Jun 10, 2019 05:00 pm ET
AES Selected for EEI’s 2019 Edison Award for Launching the World’s Largest Solar PV Peaker Plant
The AES Corporation (NYSE: AES) announced it has been selected for the Edison Electric Institute’s (EEI) 2019 Edison Award, the electric power industry’s most prestigious honor. A panel of former energy company chief executives selected AES for the 91st annual award for introducing the world’s largest solar and storage
May 16, 2019 02:57 pm ET
AES United States Strategic Business Unit (SBU) Announces New President of U.S. Utilities
The AES Corporation (NYSE: AES) United States Strategic Business Unit announced today that Vincent Parisi has been named its new President of U.S. Utilities, effective June 3, 2019.
May 08, 2019 01:46 pm ET
Miami Valley Seniors Receive Energy Leadership Scholarships at the Ohio Youth Energy Celebration
As part of the Youth Energy Celebration, hosted by Ohio Energy Project (OEP), Dayton Power and Light (DP&L) and Vectren Energy Delivery of Ohio (Vectren), a CenterPoint Energy Company, awarded Energy Leadership Scholarships to three high school seniors planning for careers in energy.
May 07, 2019 06:00 am ET
AES Reaffirms 2019 Guidance and its 7% to 9% Average Annual Growth Target Through 2022
The AES Corporation (NYSE: AES) today reported financial results for the quarter ended March 31, 2019.
Apr 29, 2019 10:00 am ET
sPower and MCE Complete Largest Operational CCA Solar Project in California
sPower, an industry leader in solar and wind assets, working collaboratively with MCE, announced that they recently achieved commercial operations on a 130 MWdc solar project in Lancaster, California. The project, named Antelope Expansion 2, completed by sPower in December of 2018, will sell output to MCE under a long-term Power Purchase Agreement (PPA). While California is home to many large solar projects, this is the largest one completed to-date in California with a Community Choice Aggregator (CCA). CCAs broaden the potential for ren
Apr 23, 2019 08:00 am ET
AES to Exit Jordan and the United Kingdom
The AES Corporation (NYSE: AES) announced today that it has entered into agreements to sell its interests in six power plants in Jordan and the United Kingdom for total proceeds of $211 million. In Jordan, AES agreed to sell two operational thermal power plants and one solar plant under construction for a total of 683 MW to Nebras
Apr 15, 2019 01:27 pm ET
sPower’s 500 MW Solar Project to Become Among Largest in U.S.
The Spotsylvania Board of Supervisors has approved three special use permits for sPower’s proposed 500 megawatt (MW) solar project. The project will be built in phases over the next two years and will ultimately generate over $20 million in new tax revenue for Spotsylvania County. The project will create approximately 800 construction jobs and 35 full-time jobs.
Apr 15, 2019 08:00 am ET
AES Announces Quarterly Dividend
The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1365 per share payable on May 15, 2019, to shareholders of record at the close of business on May 1, 2019.
Apr 10, 2019 09:00 am ET
kWh Analytics Closes Solar Revenue Put for 28 MW of Solar Power Projects With AES Distributed Energy, SVB, & Swiss Re Corporate Solutions
kWh Analytics, the market leader in solar risk management, today announced the first refinancing supported by the Solar Revenue Put. The portfolio of 41 projects totaling approximately 28 MW DC of capacity is located in Arizona and Massachusetts. The facilities are managed by AES Distributed Energy (DE), a subsidiary of The AES Corporation (AES). The AES Distributed Energy portfolio is being funded by Silicon Valley Bank and a Japanese financial services company. Swiss Re Corporate Solutions, a leading global corporate insurer, is providing capa
Apr 08, 2019 08:04 am ET
AES Announces First Quarter 2019 Financial Review Conference Call to be Held on Tuesday, May 7, 2019 at 9:00 a.m. EDT
The AES Corporation (NYSE: AES) will host a conference call on Tuesday, May 7, 2019 at 9:00 a.m. Eastern Daylight Time (EDT) to review its first quarter 2019 financial results.
Mar 05, 2019 07:55 am ET
Investor Expectations to Drive Momentum within Magellan Health, Medtronic, CME Group, United Parcel Service, Diebold Nixdorf, and The AES — Discovering Underlying Factors of Influence
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Magellan Health, Inc. (NASDAQ:MGLN), Medtronic PLC (NYSE:MDT), CME...
Feb 27, 2019 06:00 am ET
AES Delivers High End of 2018 Guidance; Sets 7% to 9% Expected Annual Growth Rate Through 2022
The AES Corporation (NYSE: AES) today reported financial results for the year ended December 31, 2018.
Feb 26, 2019 08:30 am ET
Miami Valley Students Explore Energy at DP&L and Vectren Energy Fair
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE:AES), and Vectren Energy Delivery of Ohio (Vectren) , a CenterPoint Energy Company, will host an energy fair for students from around the Miami Valley to learn cool ways to save energy on February 26-27, 2019, from 9:30 a.m. to 1:00 p.m. at the Wright State University Student Union.
Feb 25, 2019 10:42 am ET
DP&L and Vectren Offering Scholarships for High School Seniors Interested in Careers in Energy
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE:AES), and Vectren Energy Delivery of Ohio (Vectren), a CenterPoint Energy Company, are offering three scholarships to high school seniors planning to work in the energy industry.
Feb 21, 2019 06:00 am ET
AES to Help APS Customers Get Solar After Sunset with New 100 MW Energy Storage System
The AES Corporation (NYSE: AES) today announced it was selected by Arizona Public Service (APS) to deliver a 100 megawatt (MW) 4-hour duration battery-based energy storage system. The project, owned and operated by AES, will provide critical peaking capacity and unmatched operational flexibility, enabling the most efficient use of
Jan 29, 2019 09:05 am ET
Dayton Power and Light Awards $2.5 Million Community Grants in 2018
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), awarded 107 Corporate and DP&L Foundation grants to support economic development and arts, workforce development, poverty reduction, and diversity and inclusion organizations in 2018 totaling $2.5 million.
Jan 28, 2019 08:00 am ET
AES Announces Fourth Quarter and Full Year 2018 Financial Review Conference Call to be Held on Wednesday, February 27, 2019 at 9:00 a.m. EST
The AES Corporation (NYSE: AES) will host a conference call on Wednesday, February 27, 2019 at 9:00 a.m. Eastern Standard Time (EST) to review its fourth quarter and full year 2018 financial results.
Jan 18, 2019 07:35 am ET
Market Trends Toward New Normal in Roper Technologies, The AES, D.R. Horton, Forrester Research, Aethlon Medical, and CyberOptics — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Roper Technologies, Inc. (NYSE:ROP), The AES Corporation (NYSE:AES),...
Jan 08, 2019 05:00 pm ET
AES and KIUC Make History with World’s Largest Solar PV Peaker Plant
The AES Corporation (NYSE: AES) and Kaua’i Island Utility Cooperative (KIUC) today inaugurated the Lāwa’i Solar and Energy Storage Project, the largest operational solar and storage system in the world. The project, owned and operated by AES Distributed Energy, consists of a 28 MW solar photovoltaic (PV) and a 100 MWh five-hour du
Dec 28, 2018 10:10 am ET
DP&L Seeks PUCO Approval of Distribution Modernization Plan
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), announced its December 21 filing with the Public Utility Commission of Ohio (PUCO) of its Distribution Modernization Plan. DP&L proposes to invest $576 million in capital projects over the next decade providing direct customer benefits through a robust, efficient electric grid. The initiatives will also allow DP&L to be ready to integrate electric vehicle (EV) charging infrastructure and Distributed Energy Resources (DERs) into its grid, including

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