Welcome to our dedicated page for Aes SEC filings (Ticker: AES), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The AES Corporation files SEC reports that document a NYSE-listed global power company with common stock registered under the symbol AES. Its filings cover operating and financial results, material-event updates, annual meeting voting results, proxy governance, and capital-structure disclosures tied to senior notes, credit agreements, and letter-of-credit arrangements.
Filings also record material agreements, change-of-control provisions in financing documents, impairment disclosures for power-generation assets, and contract matters related to power purchase agreements. Proxy and Form 8-K records provide formal disclosure on board elections, shareholder voting matters, and other governance actions.
The AES Corporation is asking stockholders to vote at its 2026 virtual annual meeting on April 29, 2026 on four items: electing directors, an advisory vote on executive pay, ratifying Ernst & Young LLP as auditor for 2026, and, if properly presented, a non-binding proposal on stockholders’ ability to call special meetings. The meeting will be held online for stockholders of record as of March 12, 2026, when 713,071,623 common shares were outstanding, each with one vote. AES also highlights that it has entered into a definitive agreement for Horizon Parent, L.P. to acquire AES for $15.00 per share in cash, implying an equity value of about $10.7 billion, subject to stockholder and regulatory approvals and other conditions, with closing expected in late 2026 or early 2027. The proxy details governance practices, board composition, and pay-for-performance executive compensation policies, emphasizing independent board leadership, majority voting for directors, and strong alignment between incentive pay and company performance.
The AES Corporation filed an 8-K describing amendments to several financing agreements tied to its previously announced merger with Horizon Parent, L.P. AES entered Amendment No. 2 to its Eighth Amended and Restated Credit Agreement with Citibank on March 13, 2026, and a first amendment to a separate credit agreement with Sumitomo Mitsui Banking Corporation and a first amendment to a letter of credit agreement with Barclays Bank PLC on March 16, 2026. These changes adjust change of control provisions so AES can be directly or indirectly owned by Global Infrastructure Management, LLC, EQT Fund Management S.à r.l., Qatar Investment Authority and related investment vehicles, aligning its lending arrangements with the planned ownership structure.
The AES Corporation filed an 8-K describing amendments to several financing agreements tied to its previously announced merger with Horizon Parent, L.P. AES entered Amendment No. 2 to its Eighth Amended and Restated Credit Agreement with Citibank on March 13, 2026, and a first amendment to a separate credit agreement with Sumitomo Mitsui Banking Corporation and a first amendment to a letter of credit agreement with Barclays Bank PLC on March 16, 2026. These changes adjust change of control provisions so AES can be directly or indirectly owned by Global Infrastructure Management, LLC, EQT Fund Management S.à r.l., Qatar Investment Authority and related investment vehicles, aligning its lending arrangements with the planned ownership structure.
The AES Corporation filed an 8-K describing amendments to several financing agreements tied to its previously announced merger with Horizon Parent, L.P. AES entered Amendment No. 2 to its Eighth Amended and Restated Credit Agreement with Citibank on March 13, 2026, and a first amendment to a separate credit agreement with Sumitomo Mitsui Banking Corporation and a first amendment to a letter of credit agreement with Barclays Bank PLC on March 16, 2026. These changes adjust change of control provisions so AES can be directly or indirectly owned by Global Infrastructure Management, LLC, EQT Fund Management S.à r.l., Qatar Investment Authority and related investment vehicles, aligning its lending arrangements with the planned ownership structure.
The AES Corporation outlines a fast-growing renewables and utility platform for 2025. The company reports a global generation portfolio of 34,740 MW, with 54% of capacity from renewables and a renewables project backlog of 12.0 GW, including 5.7 GW under construction.
AES Clean Energy in the U.S. has a 46 GW development pipeline, 10,961 MW operating, 3,031 MW under construction and a 7.6 GW contracted backlog. In 2025, AES monetized $1.5 billion of U.S. renewables tax attributes and completed a $450 million minority sale of AGIC, meeting its $400–$500 million asset sale target.
U.S. utilities AES Indiana and AES Ohio are positioned for double‑digit rate base growth through 2027. AES Indiana secured a $71 million base rate increase in 2024 and has a proposed $90.7 million revenue increase under settlement, while AES Ohio’s 2024 distribution settlement added $167.9 million of annual distribution revenue.
The AES Corporation agreed to be acquired by Horizon Parent, L.P., an investor group led by Global Infrastructure Partners and EQT, in an all-cash merger. AES stockholders will receive $15.00 per share, implying about $10.7 billion in equity value and approximately $33.4 billion in enterprise value, a 40.3% premium to the 30-day average price before reports of a potential sale.
The deal is fully equity financed with no financing contingency and is expected to close in late 2026 or early 2027, subject to AES stockholder approval and extensive U.S. and foreign regulatory clearances. Parent may owe termination fees of up to $588 million in some scenarios, while AES may owe about $321 million in others.
AES highlights that the transaction avoids the need for large equity issuance or a material dividend cut to fund substantial post‑2027 growth needs. Separately, AES appointed Ricardo Falú as President and Juan Ignacio Rubiolo as Executive Vice President and Chief Operating Officer, while Andrés Gluski continues as Chief Executive Officer.
AES CORP senior executive Sherry Kohan reported a small tax-related share disposition. On February 24, 2026, 483 shares of AES common stock were automatically withheld at $16.27 per share to cover taxes tied to the vesting of one-third of restricted stock units granted on February 24, 2023.
After this tax-withholding disposition, Kohan directly holds 71,424 AES shares and indirectly holds 36,096 shares through a 401(k) plan. A plan statement dated February 25, 2026 shows no additional AES shares were acquired in the retirement plan since the prior Form 4.
AES CORP executive Juan Ignacio Rubiolo reported automatic share withholdings to cover taxes on vested equity awards. On the vesting of one-third of Restricted Stock Units granted on February 24, 2023, 4,036 and 1,597 AES common shares were disposed at $16.27 per share for tax-withholding purposes. After these non-market transactions, he directly holds 227,635 AES common shares.
AES CORP executive Tish Mendoza reported an automatic tax-related share disposition. On February 24, 2026, 1,487 shares of AES common stock were withheld at $16.27 per share to cover taxes upon vesting of one-third of the Restricted Stock Units granted on February 24, 2023.
After this tax-withholding disposition, Mendoza directly owned 288,420 AES shares. The filing also shows 30,107 shares held indirectly through The AES Corporation Retirement Savings Plan, with the plan statement dated February 25, 2026 indicating no additional plan shares acquired since the last Form 4 filing on February 24, 2026.
AES CORP executive Paul L. Freedman reported a tax-related share disposition. On February 24, 2026, 1,388 shares of AES common stock were automatically withheld at $16.27 per share to cover taxes tied to the vesting of Restricted Stock Units granted on February 24, 2023.
After this withholding, Freedman directly held 178,671 AES common shares. He also indirectly held 3,130 shares through The AES Corporation Retirement Savings Plan, based on a plan statement dated February 25, 2026, with no additional shares acquired in that plan since his prior Form 4.
AES CORP executive Da Santos Bernerd reported a tax-related share disposition. On February 24, 2026, one transaction involved 1,532 shares of AES common stock withheld at a price of $16.27 per share to cover taxes upon vesting of previously granted Restricted Stock Units.
After this automatic tax-withholding disposition, Bernerd directly held 405,117 AES common shares and indirectly held 33,346 shares through a 401(k) plan. The filing notes that no additional AES shares were acquired through the company retirement savings plan since the prior Form 4.