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07:23:43 PM

AES Stock News

AES - AES Corp.

01/25/22 8:00 AM

NYSE : AES

AES Announces Fourth Quarter & Full Year 2021 Financial Review

The AES Corporation (NYSE: AES) will host a conference call on Friday, February 25, 2022 at 10:00 a.m. Eastern Standard Time (EST) to review its fourth quarter and full year 2021 financial results.The call will include prepared remarks and a question

RHEA-AI

neutral

01/10/22 6:00 AM

NYSE : AES

AES Increases its Ownership of AES Andes to 98.13%

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,

RHEA-AI

neutral

12/20/21 4:26 PM

NYSE : AES

acquisition

AES Acquires US Renewables Developer Community Energy Adding 10 GW of Renewable Projects to Growth Pipeline

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

RHEA-AI

positive

12/08/21 7:55 AM

NYSE : AES

AES Launches First-of-its-Kind Robot to Accelerate Solar Construction

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

RHEA-AI

very positive

12/07/21 5:20 PM

NYSE, Nasdaq : AES, CG

AES Completes Purchase of Wind Generation Portfolio from Carlyle in the State of New York

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

RHEA-AI

very positive

12/03/21 5:00 PM

NYSE : AES

dividends

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 $0.1505 per share to $0.1580 per share, beginning in the first quarter of 2022.The Company's first quarter 2022

RHEA-AI

neutral

11/03/21 6:03 PM

NYSE, Nasdaq : AES, FLNC

AES Reaffirms 7% to 9% Annualized Growth Target Through 2025; Now Expects to Sign 5 GW of Renewables Under Long-Term Contracts in 2021

Strategic AccomplishmentsSigned 4 GW of new PPAs for renewable energy projects in year-to-date 2021, increasing the backlog to 9.2 GW Based on year-to-date 2021 progress, increasing full year 2021 target to sign renewables under long-term PPAs to 5 GW,

RHEA-AI

positive

11/02/21 11:58 PM

NYSE, Nasdaq : AES, MSFT

Microsoft and AES Partner to Bring Around-the-Clock Renewable Energy to Data Centers

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,

RHEA-AI

very positive

10/28/21 6:55 AM

NYSE : AES

IPOoffering

AES' Energy Storage Joint Venture, Fluence Energy, Achieves Historic Milestone with Initial Public Offering

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

RHEA-AI

neutral

10/26/21 8:38 AM

NYSE : AES

AES Ohio commemorates completion of the Smart Operations Center

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

RHEA-AI

positive

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AES Data:

IndustryHydroelectric Power Generation
Websitehttps://www.aes.com/
CeoAndres Gluski
Security nameAES Corp.
Issue typecs
SectorUtilities
Sic code4911
Employees8000
Tags
- Utilities
- Electric Utilities
- Hydroelectric Power Generation
Address4300 Wilson Blvd
StateVirginia
CityArlington
Zip22203-4167
CountryUS
Phone17035221315

AES Description:

The AES Corporation is a Fortune 500 company that generates and distributes electrical power. AES is headquartered in Arlington, Virginia, and is one of the world's leading power companies, generating and distributing electric power in 15 countries and employing 10,500 people worldwide. The company was founded on January 28, 1981, as Applied Energy Services by Roger Sant and Dennis Bakke, two appointees of the Federal Energy Administration under president Richard Nixon. The company was initially a consulting firm; it became AES Corporation, which went public in 1991. Sant was chairman, CEO, and president and Bakke was executive vice president until assuming the position of president in 1987. Bakke would later become the company's CEO in 1994, serving for 8 years until his resignation in 2002, in the midst of a liquidity crisis that followed the collapse of the energy giant Enron. Sant remained as executive chairman until 2003 and as a member of the board until 2006. Paul Hanrahan was appointed President and CEO and served for 10 years, overseeing the stabilization of the company. Until the early 2000’s the company followed self management delegating much responsibility to ordinary employees. In 2012, Hanrahan resigned, his position as President and CEO of the company succeeded by Andres Gluski. As CEO, Gluski has implemented a strategy of reducing the number of countries in which AES does business, from 28 to 16, for the purpose of consolidating operations and reducing costs. Additionally, he also began a program of reducing the company's total carbon emission intensity.