Aes Corp Stock Price, News & Analysis

AES Corporation (NYSE: AES) has scheduled its second quarter 2025 financial results conference call for Friday, August 1, 2025 at 10:00 a.m. ET. The event will include management's prepared remarks followed by a Q&A session.

The call will be accessible to media and public in listen-only mode via telephone and webcast. Participants can join by dialing 1-833-470-1428 (US) or +1-404-975-4839 (International) using access code 439668. The presentation materials and webcast will be available on the AES website's investor section, with a replay accessible shortly after the call.

AES Corporation has completed the first phase of the Bellefield project, set to become the largest solar-plus-storage facility in the United States. Phase 1 delivers 500 MW of solar and 500 MW of four-hour battery storage under a 15-year contract with Amazon. The full 2,000 MW project, located in Kern County, California, will power the equivalent of 467,000 homes and reduce CO2 emissions by over 1 million metric tons annually. AES utilized AI-enabled robotic system Maximo for construction, creating 700 union jobs in Phase 1. The company has 10.1 GW of contractual arrangements with global hyperscalers. Phase 1 earnings will be recognized in H2 2025, with Phase 2 completion expected in 2026.

AES Corporation (NYSE: AES) has signed two significant long-term Power Purchase Agreements (PPAs) with Meta to provide 650 MW of solar capacity from projects in Texas and Kansas. These solar projects will power Meta's data centers in the Southwest Power Pool (SPP) market. The projects will create hundreds of construction jobs and generate millions in tax revenue for local communities.

AES, the largest US-based global power company, operates 32.7 GW of capacity, with a 12.3 GW backlog of signed PPAs and a 65 GW pipeline. The company has now secured 10.1 GW of arrangements with major hyperscalers, including 7.7 GW of long-term PPAs for renewable capacity. Bloomberg New Energy Finance ranked AES as a top clean energy provider to corporations for the third consecutive year.

AES Corporation (NYSE: AES) reported its Q1 2025 financial results, showing mixed performance with some year-over-year declines. The company posted a Net Loss of $73 million compared to Net Income of $278 million in Q1 2024, and Adjusted EBITDA of $591 million, down from $640 million. Despite these decreases, AES reaffirmed its 2025 guidance and long-term growth targets. Key achievements include completing 643 MW of energy storage and solar projects, maintaining a substantial PPA backlog of 11.7 GW, and achieving its full-year asset sale target through a $450 million sale of a minority stake in AGIC. The company secured new PPAs for 443 MW of solar and energy storage and completed a strategic sale of ~30% equity interest in AES Ohio to CDPQ. AES maintains its quarterly dividend of $0.17595 and projects 5-7% annualized growth through 2027.

AES (NYSE: AES) has scheduled its first quarter 2025 financial results conference call for Friday, May 2, 2025, at 10:00 a.m. ET. The event will feature prepared remarks followed by a Q&A session.

The call will be accessible to media and public in listen-only mode via telephone and webcast. Participants can join by dialing 1-833-470-1428 (US) or +1-404-975-4839 (International) using access code 861065. Conference materials will be available on the AES website under the Investors section, with a replay accessible shortly after the call.

AES (NYSE: AES) has announced the completion of its cash tender offer for its 3.300% Senior Notes due 2025. The tender offer, which expired on March 18, 2025, resulted in $776,214,000 (86.25%) of the total $900 million aggregate principal amount being validly tendered.

Holders who validly tendered their Securities will receive a Purchase Price of $995.97 per $1,000 principal amount, plus accrued and unpaid interest from January 15, 2025, up to the Settlement Date of March 21, 2025.

The tender offer's closing conditions are expected to be satisfied on March 20, 2025, with the completion of AES' previously announced $800 million offering of 5.800% Senior Notes due 2032. Citigroup Global Markets Inc. serves as Dealer Manager, while Global Bondholder Services acts as Information Agent and Tender Agent for the offer.

AES (NYSE: AES) has announced the pricing terms for its cash tender offer to purchase any and all of its outstanding 3.300% Senior Notes due 2025. The tender offer will expire at 5:00 p.m., New York City time, on March 18, 2025, unless extended or terminated earlier.

Holders who validly tender their Securities will receive the Purchase Price plus accrued and unpaid interest from January 15, 2025, up to the Settlement Date, expected to be March 21, 2025. The Purchase Price was determined based on a fixed spread plus the yield of U.S. Treasury Reference Security.

The tender offer is subject to certain conditions, including AES obtaining sufficient debt financing together with cash on hand to purchase the tendered Securities. Citigroup Global Markets Inc. serves as Dealer Manager, while Global Bondholder Services acts as Information Agent and Tender Agent for the offer.

AES (NYSE: AES) has announced the pricing of $800 million aggregate principal amount of 5.800% senior notes due 2032. The offering is expected to close on March 20, 2025, subject to customary conditions.

The company plans to use the net proceeds to fund purchases of its 3.300% Senior Notes due 2025 through a tender offer. Any remaining proceeds will be allocated to retire outstanding indebtedness and for general corporate purposes.

The offering is being managed by joint book-runners including Citigroup Global Markets, BNP Paribas Securities, BofA Securities, MUFG Securities Americas, and Santander US Capital Markets.

AES (NYSE: AES) has announced its intention to conduct a registered public offering of senior notes. The company plans to use the proceeds primarily to fund the purchase of its 3.300% Senior Notes due 2025 through a cash tender offer. Any remaining proceeds will be allocated to retire outstanding debt and for general corporate purposes.

The offering will be managed by joint book-running managers including Citigroup Global Markets, BNP Paribas Securities, BofA Securities, MUFG Securities Americas, and Santander US Capital Markets. The offering is being made through a prospectus supplement dated March 12, 2025, and a base prospectus dated March 11, 2025.