Reaffirmation of 2025 Guidance and Growth Targets
AES Corporation reaffirmed its 2025 guidance and long-term growth targets, demonstrating confidence in their strategic plan and operational resilience.
Significant Renewable Energy Expansion
AES completed construction of 643 megawatts and signed or was awarded 443 megawatts of new PPAs, bringing their backlog to 11.7 gigawatts. They are on track to bring online approximately 3 gigawatts of new renewable projects this year.
Successful Asset Sale and Financing
AES achieved their asset sale proceeds target for the year, including a $450 million sale of a minority stake in their global insurance company. They have also completed all financings needed to address 2025 debt maturities.
Strong Supply Chain and Tariff Management
AES reported strong protections from tariffs and inflation impacts, with minimal exposure to potential future tariffs due to strategic supply chain decisions.
Robust Growth in U.S. Utilities
AES is executing the largest investment program in the history of both AES Indiana and AES Ohio, including $1.4 billion investments this year.