Aes Corp Stock Price, News & Analysis

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.

AES (NYSE: AES) has announced a 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 will be determined by reference to a fixed spread plus the yield based on U.S. Treasury Reference Security prices.

The tender offer is subject to certain conditions, including AES obtaining debt financing in a minimum aggregate principal amount, together with cash on hand, to purchase the tendered Securities. Citigroup Global Markets Inc. has been retained as Dealer Manager for the tender offer.

AES reported strong financial results for 2024, with Net Income of $698 million compared to a Net Loss of $182 million in 2023. The company achieved Adjusted EBITDA of $2,639 million and Adjusted EPS of $2.14, up from $1.76 in 2023.

Key 2024 accomplishments include:

• Signed 6.8 GW of new contracts, including 4.4 GW of renewables PPAs
• Completed construction/acquisition of 3.0 GW renewables and a 670 MW gas plant
• Secured approval for new base rates and 9.9% ROE at AES Indiana
• Achieved $2.8 billion of $3.5 billion asset sale target through 2027

Looking ahead, AES initiated 2025 guidance with Adjusted EBITDA of $2,650-$2,850 million and Adjusted EPS of $2.10-$2.26. The company reaffirmed its long-term growth targets of 5-7% for Adjusted EBITDA and 7-9% for Adjusted EPS through 2027.

AES (NYSE: AES) has announced its latest quarterly dividend payment. The company's Board of Directors has declared a quarterly common stock dividend of $0.17595 per share. The dividend will be payable on May 15, 2025, to shareholders who are recorded as holders at the close of business on May 1, 2025. Shareholders can find additional information about AES dividends, including tax treatment details, on the company's website under the Investors section.

AES has been ranked as the top seller of clean energy to corporations globally in 2024 by BloombergNEF (BNEF), marking its third consecutive year as a leader in the rankings. The company's position is notably strengthened by its partnerships with major technology companies, including Amazon, which ranked as the top corporate buyer in 2024.

The BNEF Corporate Energy Market Outlook report revealed that corporate clean energy contracts reached a record high in 2024, with a 36% year-over-year increase from 46 GW to 62 GW. AES CEO Andrés Gluski highlighted strong and growing demand for clean energy, particularly from AI data centers and advanced manufacturing, emphasizing renewables and energy storage as the fastest solutions for America's economic growth needs.