Welcome to our dedicated page for Aes news (Ticker: AES), a resource for investors and traders seeking the latest updates and insights on Aes stock.
AES Corporation (NYSE: AES) delivers sustainable energy solutions across 14+ countries through renewable projects, thermal generation, and advanced grid technologies. This dedicated news hub provides investors and stakeholders with essential updates about the company's operational developments and strategic direction.
Access real-time announcements including quarterly earnings, sustainability initiatives, and partnership agreements. Our curated collection features official press releases alongside third-party analysis of AES's renewable energy expansions, utility operations, and technological innovations in power distribution.
Key updates cover financial performance metrics, regulatory filings, leadership changes, and project milestones. Monitor AES's progress in wind/solar installations, grid modernization efforts, and international market expansions through verified sources.
Bookmark this page for continuous access to AES's latest corporate communications. Combine strategic insights with operational updates to inform your analysis of this energy leader's evolving market position.
The AES Corporation (NYSE: AES) has signed agreements with the California Department of Water Resources to extend operations of its once-through cooling (OTC) units at the Huntington Beach and Alamitos facilities until 2026. This move aims to enhance grid reliability while supporting California's decarbonization efforts, pending approval from the State Water Resources Control Board. The Southland legacy units boast 2.3 GW of gas generating capacity across three facilities, with operations for all OTC units set to expire in December 2023, except for Huntington Beach and Alamitos, should extensions be granted. AES emphasizes its commitment to flexible energy solutions for local communities amid California's transition toward a zero-carbon energy future.
The AES Corporation (NYSE: AES) has announced an agreement to terminate the Power Purchase Agreement (PPA) for its 205 MW Warrior Run coal-fired power plant in Maryland. The cancellation, valued at $357 million, pending approval from the Maryland Public Service Commission (PSC), is expected to save Potomac Edison customers $80 million over the next seven years. This move aligns with Maryland's decarbonization goals and allows AES to explore low-carbon alternatives for the Warrior Run site. AES will continue operations at the plant until at least May 2024, ensuring a responsible transition for current employees.
The AES Corporation (NYSE: AES) will hold its Investor Day on May 8, 2023, at 9:00 a.m. ET in New York City. This event will feature remarks from AES Management followed by a Q&A session with analysts and investors. The live webcast and presentation materials can be accessed through the company's website. A replay will be available after the event. AES is a Fortune 500 global energy company focused on delivering innovative energy solutions. For more information, stakeholders can refer to the company's filings with the SEC, which outline risks that could impact future financial performance.
The AES Corporation (NYSE: AES) has announced a conference call scheduled for May 5, 2023 at 10:00 a.m. ET to discuss its first quarter 2023 financial results. The call will feature prepared remarks and a Q&A session, accessible to media and the public via telephone and webcast. Interested parties can join the teleconference at least ten minutes before the start by calling 1-833-470-1428 or for international callers, +1-929-526-1599, using the access code 382953. A replay of the call will be available on AES's website shortly after its conclusion. This announcement is part of AES's ongoing commitment to transparency and stakeholder engagement regarding its financial performance.
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