AES continues to accelerate the future of energy with the launch of a new brand and product offerings
The AES Corporation (NYSE: AES) has launched a new brand signifying its leadership in the clean energy sector and unveiled new product offerings to assist organizations in achieving their energy goals.
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Rhea-AI Summary
The AES Corporation (NYSE: AES) has launched a new brand signifying its leadership in the clean energy sector and unveiled new product offerings to assist organizations in achieving their energy goals. AES is a key player in the renewable energy market, adding 2 to 3 gigawatts (GW) annually and has a backlog of 6 GW in projects. The new branding underscores AES's commitment to technological innovation in the energy industry and partnering with customers like Kaua'i Island Utility Cooperative to promote sustainability.
Positive
- Launch of a new brand to reflect leadership in clean energy.
- Plans to add 2 to 3 gigawatts (GW) of renewable energy annually.
- 6 GW backlog of clean energy projects, enhancing future growth.
- Partnership with Kaua'i Island Utility Cooperative supporting Hawaii's 100% renewable power goal by 2045.
Negative
- None.
Details
News Market Reaction – AES
The recorded move for AES in the trading session of this news was -4.13%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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 under construction.
"We have transformed AES into a leader in clean growth and innovation," said Andrés Gluski, AES' President and CEO. "The new AES brand recognizes that we are on the forefront of technological and commercial innovations that will transform our industry."
AES is co-creating solutions that enable businesses to build a competitive advantage while meeting their sustainability objectives. These customers include Kaua'i Island Utility Cooperative (KIUC). Together with AES, KIUC is delivering energy that will help the State of Hawaii meet its commitment to transform and achieve
With the launch of its new brand, AES also introduced new product offerings to help customers wherever they are on their energy journey build competitive advantages as leaders in their respective industries.
Customers can take many paths toward reaching their energy goals. Together with AES, customers can achieve a higher standard of clean energy, drive impact through access and insights, secure their sustainable energy future and achieve scale benefits through shared platforms and applications.
AES has made it easier for organizations to accelerate their clean energy transformation, make meaningful contributions toward a sustainable climate and build competitive advantages within their industries, accelerating the clean energy future our world deserves and needs.
To connect with AES about its transformation and new brand, please contact Gail Chalef, Senior Manager for Press and Media Relations, at gail.chalef@aes.com or +1-571-833-8804.
About AES
The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy. Together with our many stakeholders, we're improving lives by delivering the greener, smarter energy solutions the world needs. Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today.
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SOURCE AES CORP
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