AES Corp (N:AES)

Business Focus: Electric Utilities

May 16, 2019 10:57 am 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 09:46 am 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 02:00 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 06:00 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 04:00 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 09:27 am 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 04:00 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 05:00 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 04:04 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 02:55 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 01:00 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 03:30 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 05:42 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 01:00 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 04:05 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 03:00 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 02:35 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 12:00 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 05:10 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
Dec 21, 2018 02:25 am ET
New Research Coverage Highlights Electronic Arts, NEXEO SOLUTIONS, The AES, Meritor, H&R Block, and American International Group — Consolidated Revenues, Company Growth, and Expectations for 2019
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 Electronic Arts Inc. (NASDAQ:EA), NEXEO SOLUTIONS (NASDAQ:NXEO), The...
Dec 19, 2018 03:59 am ET
DP&L Awards the Dayton Metro Library Nearly $300,000 in Energy Efficiency Rebates
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), is recognizing Dayton Metro Library for achieving $287,043 in rebates utilizing high-performance energy-saving measures that are improving the environment and maximizing savings on their energy costs. The rebate is part of an extensive corporate energy efficiency commitment based primarily on the new construction of the main library and some of its branches along with updates across all facilities.
Dec 18, 2018 04:00 am ET
DP&L named 2018 Utility Customer Champion by Cogent Reports
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), is one of thirty-three utilities designated as a 2018 Utility Customer Champion among residential customers, an annual honor given to gas, electric and combination utilities that exhibit exceptional performance in Brand Trust, Service Satisfaction and Product Experience. These three categories compose the Engaged Customer Relationship (ECR) index, which provides a holistic measurement of the entire utility customer experience.
Dec 18, 2018 04:00 am ET
IPL Named 2018 Utility Customer Champion by Cogent Reports
Indianapolis Power & Light Company (IPL), a subsidiary of The AES Corporation (NYSE: AES), is one of thirty-three utilities designated as a 2018 Utility Customer Champion among residential customers, an annual honor given to gas, electric and combination utilities that exhibit exceptional performance in Brand Trust, Service Satisfaction and Product Experience. These three categories compose the Engaged Customer Relationship (ECR) index, which provides a holistic measurement of the entire utility customer experience.
Dec 10, 2018 03:00 am 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 $0.13 per share to $0.1365 per share, beginning in the first quarter of 2019.
Dec 06, 2018 04:17 am ET
A.M. Best Upgrades Issuer Credit Rating of AES Global Insurance Company
A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb” and affirmed the Financial Strength Rating of B++ (Good) of AES Global Insurance Company (AGIC) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable.
Dec 05, 2018 11:01 am ET
IPL and DP&L Announce Resignation of President and CEO Craig Jackson
The AES Corporation (NYSE: AES) United States Strategic Business Unit (US SBU) announced today that Indianapolis Power & Light Company (IPL) and Dayton Power and Light Company (DP&L) President and CEO Craig Jackson has resigned to spend more time with his family and begin exploring new career opportunities. Jackson will leave the Company effective December 31, 2018. The Company has begun a search for Jackson’s successor.
Nov 13, 2018 01:00 am ET
AES Announces Carbon Intensity Reduction of 70 Percent by 2030; Publishes Climate Scenario Report
The AES Corporation (NYSE:AES) today announced a goal to reduce its carbon intensity by 70 percent by 2030 as a result of its stated renewable growth plans. The new goal, measured in tons of carbon dioxide per megawatt-hour from a 2016 baseline is an improvement on its prior goal of a 50 percent reduction over the same time period.
Nov 12, 2018 02:35 am ET
Research Report Identifies Ironwood Pharmaceuticals, The AES, Accuray, Ball, Park Hotels & Resorts, and NeoGenomics with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD), The AES Corporation...
Nov 06, 2018 01:00 am ET
AES Reports Strong Third Quarter 2018 Results; Advances on Key Strategic Objectives
The AES Corporation (NYSE: AES) today reported financial results for the quarter ended September 30, 2018.
Nov 05, 2018 03:00 am ET
Dayton Power and Light’s Gift of Power Helps Customers in Need with Winter Heating Bills
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), begins the fourth year of the Gift of Power assistance program to help local families struggling to pay their winter heating bills. DP&L is contributing $165,000 to support needy families in greater Dayton and throughout our 24-county service territory. Our contribution along with generous donations from DP&L customers and our employees keeps the power on, preventing disconnection for families and neighbors here in the Miami Valley. All donations are admi
Nov 02, 2018 02:00 am ET
AES Announces Chief Financial Officer, Tom O’Flynn, to Transition to New Leadership Role; Deputy CFO, Gustavo Pimenta, to Assume CFO Position
The AES Corporation (NYSE: AES) today announced that Executive Vice President and Chief Financial Officer,
Oct 29, 2018 05:00 am ET
Dayton Power and Light Grants Dayton Children’s Hospital More Than $280,000 in Energy Efficiency Rebates
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), today is recognizing Dayton Children’s for earning $283,393 in rebates through energy-saving measures that are improving the environment and saving on energy costs. The efforts are part of a broader corporate energy efficiency project based on new construction at the Dayton Children’s main campus and south campus in Springboro.
Oct 12, 2018 04:07 am ET
AES Announces Quarterly Dividend
The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.13 per share payable on November 15, 2018, to shareholders of record at the close of business on November 1, 2018.
Oct 11, 2018 04:30 am ET
Recent Analysis Shows Eaton Vance, The AES, Summit Hotel Properties, Central Garden & Pet, RBC Bearings, and D.R. Horton Market Influences — Renewed Outlook, Key Drivers of Growth
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 Eaton Vance Corporation (NYSE:EV), The AES Corporation (NYSE:AES),...
Oct 09, 2018 04:00 am ET
AES Appoints Sanjeev Addala Chief Information Digital Officer
The AES Corporation (NYSE: AES) today announced the appointment of Sanjeev Addala to the newly created position of Chief Information Digital Officer (CIDO). Addala joins AES from GE Renewable Energy, where he served as Chief Digital Officer since 2016.
Oct 08, 2018 04:00 am ET
AES Announces Third Quarter 2018 Financial Review Conference Call to be Held on Tuesday, November 6, 2018 at 9:00 a.m. EST
The AES Corporation (NYSE: AES) will host a conference call on Tuesday, November 6, 2018 at 9:00 a.m. Eastern Standard Time (EST) to review its third quarter 2018 financial results.
Sep 26, 2018 01:26 pm ET
The DP&L Distribution Rate Settlement Approved by the Public Utilities Commission of Ohio
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), announces today the Public Utilities Commission of Ohio (PUCO) issued its Order accepting the Stipulation filed in the DP&L Distribution Rate Case. The broadly-supported Stipulation is the collaborative work of 16 stakeholders balancing the interests of residential, commercial, industrial, and governmental customers as well as the PUCO Staff.
Sep 24, 2018 04:00 am ET
sPower Acquires 55 MWdc Idaho Solar 1 Project
sPower, an industry leader in renewable assets, recently acquired the operating 55 MWdc Idaho Solar 1 project. Located in Kuna County, ID and placed in service in late 2016, the PV system will continue to operate and sell all output to Idaho Power Company under a 20-year contract. This is sPower’s first operating project acquisition since becoming an AES/AIMCo company in 2017.
Sep 20, 2018 08:00 am ET
sPower Closes $498.7 Million Bond Deal
sPower, a leading renewable energy Independent Power Producer, recently closed a $498.7 million, investment grade, private placement financing. The financed portfolio represents approximately half of sPower’s 1.3 GW of operating portfolio. This financing follows sPower’s $421.4 million debt issuance against approximately 565 MW of utility-scale solar and wind assets in 2017 (a transaction that received Project Finance International’s “Americas Renewables Deal of the Year” award). These transactions are among the first ever widely-distribu
Sep 20, 2018 04:30 am ET
Dayton Power & Light Launches New Online Account Features for Customers
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), recently launched new features and improvements to MyDP&L, our online account center. Residential customers can now access Energy Insights to analyze usage data, compare their usage to similar households, and complete their home profile to receive personalized tips and recommendations to reduce energy usage and save on bills.
Sep 19, 2018 04:00 am ET
AES Named to the Dow Jones Sustainability Index for North America for Fifth Consecutive Year
The AES Corporation (NYSE:AES) was named to the Dow Jones Sustainability Index (DJSI) for North America for the fifth consecutive year. AES is one of only four electric utilities in the index and ranked in the 75th percentile (top quartile), outperforming the industry average in total score, as well as the economic, envi
Sep 14, 2018 04:30 am ET
The Dayton Power and Light Company Presents a $450,000 Grant to the Downtown Dayton Investment Fund
Today, The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), is awarding a $450,000 grant to the Downtown Dayton Investment Fund (DDIF) supporting new or continued innovative economic growth initiatives to the commercial property inventory downtown that will make a long-lasting and transformative impact on the city center.
Aug 17, 2018 03:00 am ET
AES Announces Inauguration of AES Colón CCGT and Central America’s First LNG Terminal
The AES Corporation (NYSE: AES) today inaugurated AES Colón, a 381 MW combined cycle power plant and the first liquified natural gas (LNG) terminal in Central America. The plant and regasification terminal are expected to begin commercial operations on September 1, 2018 and the LNG tank, which will be the largest in the Caribbean,
Aug 09, 2018 03:45 am ET
Consolidated Research: 2018 Summary Expectations for HCA Healthcare, The AES, Hercules Capital, Carrizo Oil & Gas, Callon Petroleum, and Ultra Clean — Fundamental Analysis, Key Performance Indications
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of HCA Healthcare, Inc. (NYSE:HCA), The AES Corporation (NYSE:AES), Hercules...
Aug 07, 2018 02:00 am ET
AES' Positive Momentum Continues in the Second Quarter
The AES Corporation (NYSE: AES) today reported financial results for the quarter ended June 30, 2018.
Aug 06, 2018 08:00 am ET
Apple, Akamai, Etsy and Swiss Re Collaborate to Accelerate Renewable Energy Development in Illinois and Virginia
NEW YORK, Aug. 6, 2018 /PRNewswire/ -- Apple, Akamai, Etsy and Swiss Re today announced an agreement to develop two new wind and solar energy farms in Illinois and Virginia. Spearheaded by Apple, the new projects will generate 290 megawatts to the PJM electric grid serving much of the Eastern United States, including areas of Virginia, Illinois, Pennsylvania, New Jersey, and Maryland. The two new projects will provide enough power for 74,000 homes, and will support each of the companies' operations....
Jul 16, 2018 09:51 am ET
Dayton Power & Light Earns S.E.E. Safety Performance Award for Top Performance for Fleet Safety
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), was honored with the Southeastern Electric Exchange’s (S.E.E.) “Safety Performance Award for Top Performance for Fleet Safety” as the safest performer in 2017 amongst all member companies. DP&L received the award at S.E.E.’s 2018 Annual Conference and Trade Show held in Orlando, Florida.
Jul 16, 2018 04:05 am ET
AES Announces Quarterly Dividend
The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.13 per share payable on August 17, 2018, to shareholders of record at the close of business on August 3, 2018.
Jul 10, 2018 08:01 am ET
IPL Leaders Officially Open One of the Cleanest, Most Efficient Natural Gas Power Plants
Indianapolis Power & Light Company (IPL), a subsidiary of The AES Corporation (NYSE: AES), celebrated the commercial operation of its Combined-Cycle Gas Turbine (CCGT) natural gas power plant located at the Eagle Valley Generating Station today in Martinsville, Indiana. This state-of-the-art power plant provides cleaner, more reliable, and efficient energy at a reasonable cost to customers.
Jul 09, 2018 01:00 pm ET
AES Announces Second Quarter 2018 Financial Review Conference Call to be Held on Tuesday, August 7, 2018 at 9:00 a.m. EDT
The AES Corporation (NYSE: AES) will host a conference call on Tuesday, August 7, 2018 at 9:00 a.m. Eastern Daylight Time (EDT) to review its second quarter 2018 financial results.
Jun 14, 2018 04:45 am ET
AES Completes Sale of Eletropaulo
The AES Corporation (NYSE: AES) announced that it has completed the sale of its 17% interest in Brazilian utility, Eletropaulo, to Enel Brasil Investimentos Sudeste, S.A., a subsidiary of Enel S.p.A. for a total consideration of BRL 1.27 billion. The transaction closed today and the total projected net proceeds of approximately $31
Jun 11, 2018 04:00 am ET
AES Executive Vice President and CFO Tom O’Flynn to Present at JP Morgan Energy Conference
Tom O'Flynn, Executive Vice President and Chief Financial Officer of
Jun 07, 2018 08:00 am ET
sPower and CleanPowerSF Sign Long-Term PPA for 100 MW of Solar
sPower, the largest private owner of operating solar assets in the United States, has signed a 22-year, 100 MW solar Power Purchase Agreement (PPA) with CleanPowerSF, a California Community Choice Aggregator (CCA) managed by the San Francisco Public Utilities Commission (SFPUC) that serves the City and County of San Francisco. The energy will be sold from sPower’s San Pablo Raceway Solar Project located in Lancaster, California.
Jun 07, 2018 05:00 am ET
Introducing DP&L Marketplace: A One-Stop Shop for Energy Efficient Products and Instant Rebates
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), introduces a new online marketplace enabling customers to make informed decisions on energy efficient products. DP&L has a variety of smart solutions to manage home energy use more effectively.
Jun 06, 2018 06:06 am ET
IPL Earns EEI “Emergency Assistance Award” for Efforts to Restore Service in Massachusetts, New Jersey, and Ohio after Storms
Indianapolis Power & Light Company (IPL), a subsidiary of The AES Corporation (NYSE: AES), was presented yesterday with the Edison Electric Institute’s (EEI) “Emergency Assistance Award” for its outstanding power restoration efforts after Winter Storm Riley and Winter Storm Quinn hit Massachusetts, New Jersey, and Ohio in March 2018.
Jun 06, 2018 05:00 am ET
Dayton Power & Light Earns EEI Emergency Assistance Award for Efforts to Restore Service in New Jersey After Several Nor’easters
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), was presented yesterday with the Edison Electric Institute’s (EEI) “Emergency Assistance Award” for its outstanding power restoration efforts after several nor’easters hit New Jersey in March 2018.
May 31, 2018 05:20 am ET
DPL Inc. Announces the Retirement of the J.M. Stuart and Killen Station Power Plants
Today, DPL Inc. (“DPL”), an AES company (NYSE: AES), announced that the J.M. Stuart and Killen Stations have been retired as planned, in response to declining market conditions. J.M. Stuart Station is a 1,755 megawatt facility co-owned by DPL’s subsidiary, AES Ohio Generation, LLC (AES Ohio Gen), Vistra Energy and American Electric Power (AEP) with coal-fired and diesel-fired generating units. Killen Station is a 618 megawatt facility co-owned by AES Ohio Gen and Vistra Energy with a coal-fired generating unit and combustion turbine. Both power
May 30, 2018 05:52 am ET
SRP, AES Launch Arizona’s First Standalone Energy Storage Project to Provide Flexible Peaking Capacity
Salt River Project (“SRP”) today announced contract execution and the start of construction with The AES Corporation (“AES”) for SRP’s first standalone battery-based energy storage project. The 10-megawatt, four-hour duration energy storage solution, to be supplied by Fluence, will provide peaking capacity that will inject power into the grid during high peak demand periods for SRP customers.
May 15, 2018 06:50 am ET
Three Miami Valley Seniors Awarded Energy Leadership Scholarships at the Ohio Youth Energy Celebration
As part of the Youth Energy Celebration hosted by the Ohio Energy Project (OEP), Dayton Power and Light (DP&L) and Vectren Energy Delivery of Ohio (Vectren) presented Energy Leadership Scholarships to three high school seniors who have demonstrated leadership in their schools in the area of energy education.
May 14, 2018 05:15 am ET
IPL Accelerates Toward a Cleaner Energy Future with Completion of Eagle Valley Natural Gas Plant
Indianapolis Power & Light Company (IPL), a subsidiary of The AES Corporation (NYSE: AES), announces a historic milestone has been met as the 671 megawatt Combined-Cycle Gas Turbine (CCGT) natural gas plant reached substantial completion and began commercial operations on Saturday, April 28, 2018. The completion of IPL’s Eagle Valley Generating Station, located in Martinsville, Indiana, ensures a more diverse, reliable and cleaner portfolio of generation for customers.
May 14, 2018 03:55 am ET
Barrick Announces Conversion of Pueblo Viejo Power Plant to Natural Gas
Barrick Gold Corporation (NYSE:ABX) (TSX:ABX) (Barrick or the “Company”) today announced that Pueblo Viejo Dominicana Corporation (“PVDC”), operator of the Pueblo Viejo mine, has signed a 10-year natural gas supply contract with AES Andres DR, S.A....
May 08, 2018 03:06 am ET
AES Advances Its Strategic Transformation and Delivers Strong First Quarter 2018 Results
The AES Corporation (NYSE: AES) today reported financial results for the quarter ended March 31, 2018.
May 07, 2018 04:25 am ET
Market Trends Toward New Normal in The AES, Immune Pharmaceuticals, Hercules Capital, Zendesk, Chevron, and Cornerstone OnDemand — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The AES Corporation (NYSE:AES), Immune Pharmaceuticals Inc. (NASDAQ:IMNP),...
Apr 13, 2018 04:00 am ET
AES Announces Quarterly Dividend
The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.13 per share payable on May 15, 2018, to shareholders of record at the close of business on May 1, 2018.
Apr 09, 2018 04:00 am ET
AES Announces First Quarter 2018 Financial Review Conference Call to be Held on Tuesday, May 8, 2018 at 9:00 A.M. EDT
The AES Corporation (NYSE: AES) will host a conference call on Tuesday, May 8, 2018 at 9:00 a.m. Eastern Daylight Time (EDT) to review its first quarter 2018 financial results.
Apr 03, 2018 04:00 am ET
AES Announces Commitment to Adopt Recommendations of the Task Force on Climate-Related Financial Disclosures
The AES Corporation (NYSE: AES) today announced its commitment to adopt the recommendations of the Task Force on Climate-related Disclosures (TCFD or Task Force), including an analysis of the impacts of a 2° Celsius scenario on the Company’s strategy and business.
Mar 20, 2018 05:48 am ET
Dayton Power and Light Awards Three $25,000 Community Environmental Grants to Enhance Area Cities
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), awarded three $25,000 grants to the communities of Coldwater, Marysville and Miamisburg as part of the Right Tree Right Place program to beautify city parks and public spaces for residents.
Mar 20, 2018 04:15 am ET
AES Upgraded by S&P to BB+; Closes $1 Billion Sale of Masinloc and Uses All Proceeds to Reduce Parent Debt
The AES Corporation’s (NYSE: AES) credit rating was upgraded one notch by S&P Global Ratings (S&P), to BB+ from BB. The upgrade was a direct result of accelerated debt reduction from asset sale proceeds.
Mar 20, 2018 04:15 am ET
Dayton Power and Light Encourages Customers to Plan Ahead During Severe Weather Awareness Week
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE:AES), is encouraging customers to plan in advance for severe thunderstorms and tornadoes, during Severe Weather Awareness Week, March 19 - 24.
Mar 15, 2018 04:40 am ET
AES Announces Early Results of Tender Offers and Consent Solicitations for Any and All of Its Outstanding 8.000% Senior Notes Due 2020 and 7.375% Senior Notes Due 2021
The AES Corporation (NYSE: AES) 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 8.000% senior notes due 2020 and 7.375% senior notes due 2021 (collectively, the “Securities”).
Mar 15, 2018 04:38 am ET
AES Announces Early Results of Tender Offers for up to $700,000,000 Aggregate Principal Amount of its 5.500% Senior Notes Due 2024 and 5.500% Senior Notes Due 2025 and Consent Solicitation for its 5.5
The AES Corporation (NYSE: AES) announced today the early result of its previously announced offers to purchase (the “Tender Offers” and each, a “Tender Offer”) for cash, subject to certain terms and conditions, up to $700,000,000 aggregate principal amount of its 5.500% senior notes due 2024 (the “2024 Notes”) and its 5.500% senior notes due 2025 (the “2025 Notes” and together with the 2024 Notes, the “Securities”).
Mar 13, 2018 06:20 am ET
An Important Milestone Is Reached in the Dayton Power and Light Distribution Rate Review
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), announces today the Public Utilities Commission of Ohio (PUCO) staff issued its report and recommendation regarding the DP&L Distribution Rate application. DP&L initiated the rate review in late 2015. The staff report and recommendation is the next procedural step in the regulated rate review process and initiates a formal schedule, including a local public hearing.
Mar 13, 2018 02:00 am ET
Ampt String Optimizers Utilized by Rosendin Electric to Repower Utility-Scale PV System
FORT COLLINS, Colo., and SAN JOSE, Calif., March 13, 2018 /PRNewswire/ -- Ampt LLC, and Rosendin Electric, Inc., today announced that they have deployed string optimizers in an existing utility-scale PV plant to repower the system and increase ROI. The repowering project and associated case study are featured in a webinar published by Greentech Media....
Mar 05, 2018 04:52 am ET
Dayton Power and Light Joins Nationwide Effort to Raise Awareness Around Utility Customer Scams
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), joins the Edison Electric Institute (EEI) along with electric, gas, and water companies from across the United States and Canada to help educate customers on how to protect themselves from utility scams during National Consumer Protection Week, which is March 5-9. The week-long advocacy and awareness campaign is focused on helping customers understand their consumer rights and avoid scams.
Mar 05, 2018 02:40 am ET
Analysis: Positioning to Benefit within Ironwood Pharmaceuticals, Altaba, The AES, PACCAR, NVR, and WPX Energy — Research Highlights Growth, Revenue, and Consolidated Results
NEW YORK, March 05, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD), Altaba Inc....
Mar 01, 2018 12:00 pm ET
AES Announces Pricing of $1 Billion of Senior Notes in Public Offering
The AES Corporation (NYSE: AES) announced that it has priced $500 million aggregate principal amount of 4.000% senior notes due 2021 and $500 million aggregate principal amount of 4.500% senior notes due 2023 (together, the “Notes”). AES intends to use the net proceeds from the offering of the Notes to fund the concurrent tender offer to purchase AES’ outstanding 8.00% senior notes due 2020 and 7.375% senior notes due 2021 (together, the “Outstanding Notes”) and to pay certain related fees and expenses. AES intends to use any remaining net proce
Mar 01, 2018 03:20 am ET
AES Announces Tender Offers for up to $700,000,000 Aggregate Principal Amount of Its 5.500% Senior Notes Due 2024 and 5.500% Senior Notes Due 2025 and a Consent Solicitation for Its 5.500% Senior Note
The AES Corporation (NYSE: AES) 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 $700,000,000 aggregate principal amount of its 5.500% senior notes due 2024 (the “2024 Notes”) and its 5.500% senior notes due 2025 (the “2025 Notes” and together with the 2024 Notes, the “Securities”).
Mar 01, 2018 03:17 am ET
AES Announces Tender Offers and Consent Solicitations for Any and All of Its Outstanding 8.000% Senior Notes due 2020 and 7.375% Senior Notes due 2021
The AES Corporation (NYSE: AES) 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, any and all of its of its outstanding 8.000% senior notes due 2020 and 7.375% senior notes due 2021 (collectively, the “Securities”).
Mar 01, 2018 03:10 am ET
AES Announces Public Offering of $1.0 billion of Senior Notes
The AES Corporation (NYSE: AES) announced today that it intends, subject to market and other conditions, to offer $1.0 billion aggregate principal amount of senior notes due 2021 and senior notes due 2023 (together, the “Notes”). AES intends to use the net proceeds from the offering of the Notes to fund the concurrent tender offer announced today to purchase AES’ outstanding 8.00% senior notes due 2020 and 7.375% senior notes due 2021 (together, the “Outstanding Notes”) and to pay certain related fees and expenses. AES intends to use any remaini
Feb 27, 2018 02:15 am ET
AES Corporation to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 27, 2018 / AES Corporation (NYSE: AES) will be discussing their earnings results in their Q4 Earnings Call to be held on February 27, 2018 at 9:00 AM Eastern Time.
Feb 27, 2018 01:00 am ET
AES Continues to Transform and Simplify; Achieved 2017 Guidance and Initiates 2018 Adjusted EPS Guidance of $1.15 to $1.25
The AES Corporation (NYSE: AES) today reported financial results for the year ended December 31, 2017.
Feb 22, 2018 10:00 am ET
AES Distributed Energy and KIUC Break Ground on Largest Hybrid Solar and Energy Storage System in Hawaiʻi
AES Distributed Energy (AES DE), a subsidiary of The AES Corporation (AES), and Kauaʻi Island Utility Cooperative (KIUC) today held a groundbreaking for the Lāwa’i Solar and Energy Storage Project on Kauaʻi's south shore. The project consists of 28 megawatt (MW) solar photovoltaic (PV) and a 100 MWh five-hour duration energy storage system, and will contribute significantly to the State of Hawai’i’s goal of reaching 100 percent renewable energy by 2045.
Feb 05, 2018 03:30 am ET
AES Announces Next Steps in Its Strategic Transformation
The AES Corporation (NYSE: AES) today announced a reorganization as part of its ongoing strategy to simplify its portfolio, optimize its cost structure and reduce its carbon intensity.
Feb 01, 2018 03:00 am ET
Dayton Power and Light Honors Outstanding Channel Partners in Energy Efficiency
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), recognized area businesses for their outstanding performance in helping customers understand energy efficiency options.
Jan 26, 2018 03:00 am ET
AES Announces Fourth Quarter & Full Year 2017 Financial Review Conference Call to be Held on Tuesday, February 27, 2018 at 9:00 A.M. EST
The AES Corporation (NYSE: AES) will host a conference call on Tuesday, February 27, 2018 at 9:00 a.m. Eastern Standard Time (EST) to review its fourth quarter and full year 2017 financial results.
Jan 23, 2018 03:00 am ET
AES and Mitsubishi Corporation Start Construction on India’s First Grid-Scale Energy Storage System for Tata Power-DDL
AES India, a subsidiary of The AES Corporation (NYSE:AES), and Mitsubishi Corporation today started construction on India’s first utility-scale energy storage system, a 10 megawatt (MW) solution that will serve the electric grid operated by Tata Power Delhi Distribution Limited (Tata Power-DDL). AES and Mitsubishi Corporation will own
Jan 18, 2018 02:00 am ET
Jeffrey Ubben Joins AES Board of Directors
The AES Corporation (NYSE: AES) announced today that Mr. Jeffrey Ubben, Founder and Chief Executive Officer of ValueAct Capital, has been appointed to AES’ Board of Directors, effective immediately. This appointment is a continuation of the Company’s efforts to create shareholder value.
Jan 12, 2018 04:00 am ET
Dayton Power and Light Launches an Improved Outage Map on dpandl.com
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), announces a new look and enhanced features to the outage map on dpandl.com. Improvements made to this map include enhanced functionality and better design to improve the user experience.
Jan 11, 2018 08:11 am ET
Dayton Power and Light Earns “Emergency Assistance Award” for Efforts to Restore Service after Hurricane Irma
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), was presented today Edison Electric Institute’s (EEI) “Emergency Assistance Award” for its outstanding work assisting customers impacted by Hurricane Irma in September 2017.
Jan 05, 2018 04:07 am ET
IPALCO Enterprises, Inc. Announces Extension of its Registered Exchange Offer
IPALCO Enterprises, Inc. (“IPALCO”) announced today that its pending offer to exchange (the “Exchange Offer”) any and all of its outstanding existing 3.70% Senior Secured Notes due 2024 (the “Old Notes”), which were issued in a private placement, for its new 3.70% Senior Secured Notes due 2024 (the “New Notes”), which have been registered under the Securities Act of 1933, as amended (the “Act”), originally set to expire at 11:59 p.m., New York City time, on January 4, 2018, has been extended and is now set to expire at 11:59 p.m., New York City
Jan 04, 2018 08:12 am ET
Dayton Power and Light Encourages Customers to Be Aware of Winter Electricity Usage
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), encourages customers to be aware of their electricity usage at home during extreme cold temperatures through the winter heating season. As the temperature drops, your energy bill can rise due to higher usage. Heating and cooling make up nearly half of your home’s energy usage.
Dec 21, 2017 06:05 am ET
IPL Seeks Regulatory Rate Review to Cover Cost of Meeting Customer Needs Through Balanced Energy Mix
“At IPL, we have a responsibility to find the balance between cleaner energy solutions and affordability while maintaining reliability that our customers expect,” said Rafael Sanchez, IPL President and CEO. “Our investments in advanced technology have enabled us to significantly reduce our dependence on coal and transition to a more balanced energy mix all while maintaining one of the lowest rates among investor-owned utilities in Indiana.”
Dec 20, 2017 12:33 pm ET
Dayton Power & Light Company Awarded Grants Totaling $2.4 Million to Local Organizations in 2017
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), awarded one hundred twenty-three (123) Corporate and Foundation grants to education, cultural, arts, human services, community and environmental organizations in 2017 totaling $2.4 million.
Dec 18, 2017 01:00 am ET
AES Agrees to Sell its Equity Interest in Businesses in the Philippines for $1.05 Billion; Proceeds to be Used to Accelerate Parent Debt Pay Down
The AES Corporation (NYSE:AES) announced today that it has entered into an agreement to sell its entire 51% equity interest in Masin-AES Pte. Ltd., a subsidiary of AES that owns AES' business interests in the Philippines, to SMC Global Power Holdings Corp. (SMC Global Power) for $1.05 billion in proceeds to AES. The sale includes A
Dec 15, 2017 03:00 am ET
Kettering Health Network Achieves $1 Million in Energy Efficiency Rebates from Dayton Power and Light
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE:AES), is recognizing Kettering Health Network today for earning $1 million in rebates through energy-saving measures that are improving the environment. The efforts are part of a broader corporate energy efficiency initiative that includes the Kettering Medical Center, Grandview Medical Center, Greene Memorial Hospital, Soin Medical Center, Southview Medical Center and Sycamore Medical Center.
Dec 11, 2017 03:00 am ET
AES Announces 8.3% Increase in Quarterly Dividend
The Board of Directors of The AES Corporation (NYSE: AES) approved an increase of 8.3% in the Company’s quarterly common stock dividend, from $0.12 per share to $0.13 per share, beginning in the first quarter of 2018.
Nov 17, 2017 05:42 am ET
Dayton Power and Light’s Gift of Power Program Assists Customers Struggling with Winter Heating Bills
The Dayton Power and Light Company (DP&L), a subsidiary of The AES Corporation (NYSE: AES), is kicking off the third year of efforts to warm the homes of those struggling to pay winter heating bills through its Gift of Power program. DP&L will provide a $115,000 corporate grant, along with DP&L customer and community donations, to assist families and neighbors in staying warm. Every dollar given is administered by The Salvation Army.
Nov 08, 2017 04:40 am ET
A.M. Best Upgrades Credit Ratings of AES Global Insurance Company
A.M. Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” from “bbb-” of AES Global Insurance Company (AGIC) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable.
Nov 06, 2017 03:10 am ET
Consolidated Research: 2018 Summary Expectations for Union Pacific, HCA Holdings, PulteGroup, Amgen, Eli Lilly, and AES Corp – Fundamental Analysis, Key Performance Indications
NEW YORK, Nov. 06, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Union Pacific Corporation (NYSE:UNP), HCA Holdings,...
Nov 02, 2017 02:00 am ET
AES Reports Third Quarter 2017 Financial Results; Reaffirms 2017 Guidance and Long-Term Expectations
The AES Corporation (NYSE: AES) today reported financial results for the three months ended September 30, 2017.
Oct 25, 2017 05:00 am ET
AES Distributed Energy Selects SunPower® Oasis® Power Plant Platform to Power Innovative Solar Plus Storage Plant in Kaua‛i
BOULDER, Colo. and SAN JOSE, Calif., Oct. 25, 2017 /PRNewswire/ -- AES Distributed Energy, Inc. (AES DE), a subsidiary of The AES Corporation (AES), and SunPower Corp. (NASDAQ:SPWR) today announced that a SunPower® Oasis® Power Plant platform with an innovative solar plus storage facility is under development by AES DE on the Hawaiian island of Kaua‛i ....
Oct 18, 2017 08:53 am ET
ALERT: Rowley Law PLLC is Investigating Potential Breach of Fiduciary Duty by Officers and Directors of The AES Corporation
WASHINGTON, Oct. 18, 2017 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims for breach of fiduciary duty involving the directors and officers of The AES Corporation (NYSE: AES)....
Oct 17, 2017 04:00 am ET
Dominican Republic’s First Energy Storage Arrays Help Island’s Grid to Prevent Blackouts
AES Dominicana announced that it brought online 20 megawatts (MW) of new battery-based energy storage arrays at two sites in the Dominican Republic, which played a key role in maintaining grid reliability in September when Hurricanes Irma and Maria struck the island. The two 10 MW arrays, which were supplied by AES Energy Storage, are the first of their kind in Central America and the Caribbean. Located on sites in the Santo Domingo region, both arrays are providing critical grid reliability services for the island by improving the efficiency an
Oct 13, 2017 04:00 am ET
AES Announces Quarterly Dividend
The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.12 per share payable on November 15, 2017, to shareholders of record at the close of business on November 1, 2017.
Oct 09, 2017 04:31 am ET
AES Provides an Update on Operations in Puerto Rico and the U.S. Virgin Islands, Following Recent Hurricanes
The AES Corporation (NYSE:AES) today provided an update on its operations in Puerto Rico and the U.S. Virgin Islands, following Hurricanes Irma and Maria.
Jul 31, 2017 01:00 pm ET
Fir Tree Partners Completes Sale of sPower, the Largest US Independent Solar Developer, to AES and AIMCo for $1.6 Billion
NEW YORK, July 31, 2017 /PRNewswire/ -- Fir Tree Partners (Fir Tree) announced today that it has completed the sale of FTP Power LLC (sPower), the largest independent owner, operator and developer of utility-scale solar assets in the United States, to a joint venture co-controlled by The AES Corporation (NYSE: AES) and Alberta Investment Management Corporation (AIMCo), on behalf of certain of its clients, for approximately $1.6 billion in cash and assumed non-recourse debt.   ...
Feb 28, 2017 03:00 am ET
SDG&E and AES Energy Storage Unveil World's Largest Lithium Ion Battery-Based Energy Storage Installation
SAN DIEGO, Feb. 28, 2017 /PRNewswire/ -- AES Energy Storage, a subsidiary of The AES Corporation (NYSE: AES), showcased two new Advancion® battery-based energy storage sites, totaling 37.5 megawatts (MW), in partnership with San Diego Gas & Electric (SDG&E), a leading energy company delivering safe, reliable and clean power. One of the sites – located at a SDG&E substation in Escondido, California – hosts a 30 MW, four-hour duration energy storage project, representing the world's largest lithium ion battery-based energy storage installation, 50 percent larger than the next large...
Feb 07, 2017 05:00 am ET
Measure Partners With AES To Deploy Drones At Record Scale For The Energy Industry
WASHINGTON, Feb. 7, 2017 /PRNewswire/ -- Measure, the nation's leading Drone as a Service® operator, announced today a global partnership with The AES Corporation (NYSE: AES) to scale and leverage its industry-leading drone service to inspect AES' energy infrastructure in 17 countries. The use of the drone technology is expected to help AES improve safety and avoid more than 30,000 hours of hazardous work per year with safer and more efficient aerial inspection services. ...