AES Corporation ( (AES) ) has released its Q2 earnings. Here is a breakdown of the information AES Corporation presented to its investors.
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AES Corporation, a global energy company, is focused on accelerating the future of energy through innovative and sustainable solutions. The company operates in the energy sector, delivering greener and smarter energy solutions worldwide.
In its second quarter of 2025 earnings report, AES Corporation highlighted significant growth in its Renewables Strategic Business Unit (SBU) with a 56% increase in Adjusted EBITDA compared to the same period in 2024. The company is on track to deliver 3.2 GW of new projects by the end of 2025, with 1.9 GW already completed.
Key financial metrics for the quarter include a GAAP net loss of $150 million, a significant decline from a net income of $153 million in the previous year. However, the company reported an increase in Adjusted EBITDA to $681 million from $658 million in Q2 2024, and Adjusted EPS rose to $0.51 from $0.38. AES also signed new long-term Power Purchase Agreements (PPAs) for 1.6 GW of solar and wind projects, primarily with data center companies.
Despite the net loss, AES reaffirmed its 2025 guidance, projecting Adjusted EBITDA between $2,650 and $2,850 million and Adjusted EPS between $2.10 and $2.26. The company anticipates growth driven by new renewable projects and rate base growth in its US utilities.
Looking ahead, AES Corporation remains committed to its long-term growth targets, focusing on expanding its renewable energy portfolio and maintaining its leadership in the fast-growing data center segment. The company continues to leverage its diversified portfolio and robust supply chain to meet its strategic goals.