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AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Thu, 02 May 2024 17:18:00 -0400

Signed an Additional 1 GW of Solar-Plus-Storage Under a Long-Term Contract with Amazon, for a Total of 2 GW at Bellefield in California

Strategic Accomplishments

Signed 1.2 GW of renewables and energy storage under long-term contracts, bringing total backlog of projects signed under long-term contracts to 12.7 GW
- Includes an additional 1 GW under a 15-year contract with Amazon, for a total of 2 GW at Bellefield, the largest single solar-plus-storage facility in the US
Completed the construction or acquisition of 593 MW of renewables; on track to add 3.6 GW of new projects to operations in full

AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Thu, 02 May 2024 17:18:00 -0400

Signed an Additional 1 GW of Solar-Plus-Storage Under a Long-Term Contract with Amazon, for a Total of 2 GW at Bellefield in California

Strategic Accomplishments

Signed 1.2 GW of renewables and energy storage under long-term contracts, bringing total backlog of projects signed under long-term contracts to 12.7 GW
- Includes an additional 1 GW under a 15-year contract with Amazon, for a total of 2 GW at Bellefield, the largest single solar-plus-storage facility in the US
Completed the construction or acquisition of 593 MW of renewables; on track to add 3.6 GW of new projects to operations in full

AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Thu, 02 May 2024 17:18:00 -0400

Signed an Additional 1 GW of Solar-Plus-Storage Under a Long-Term Contract with Amazon, for a Total of 2 GW at Bellefield in California

Strategic Accomplishments

Signed 1.2 GW of renewables and energy storage under long-term contracts, bringing total backlog of projects signed under long-term contracts to 12.7 GW
- Includes an additional 1 GW under a 15-year contract with Amazon, for a total of 2 GW at Bellefield, the largest single solar-plus-storage facility in the US
Completed the construction or acquisition of 593 MW of renewables; on track to add 3.6 GW of new projects to operations in full

AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Thu, 02 May 2024 17:18:00 -0400

Signed an Additional 1 GW of Solar-Plus-Storage Under a Long-Term Contract with Amazon, for a Total of 2 GW at Bellefield in California

Strategic Accomplishments

Signed 1.2 GW of renewables and energy storage under long-term contracts, bringing total backlog of projects signed under long-term contracts to 12.7 GW
- Includes an additional 1 GW under a 15-year contract with Amazon, for a total of 2 GW at Bellefield, the largest single solar-plus-storage facility in the US
Completed the construction or acquisition of 593 MW of renewables; on track to add 3.6 GW of new projects to operations in full

AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Thu, 02 May 2024 17:18:00 -0400

Signed an Additional 1 GW of Solar-Plus-Storage Under a Long-Term Contract with Amazon, for a Total of 2 GW at Bellefield in California

Strategic Accomplishments

Signed 1.2 GW of renewables and energy storage under long-term contracts, bringing total backlog of projects signed under long-term contracts to 12.7 GW
- Includes an additional 1 GW under a 15-year contract with Amazon, for a total of 2 GW at Bellefield, the largest single solar-plus-storage facility in the US
Completed the construction or acquisition of 593 MW of renewables; on track to add 3.6 GW of new projects to operations in full

AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Thu, 02 May 2024 17:18:00 -0400

Signed an Additional 1 GW of Solar-Plus-Storage Under a Long-Term Contract with Amazon, for a Total of 2 GW at Bellefield in California

Strategic Accomplishments

Signed 1.2 GW of renewables and energy storage under long-term contracts, bringing total backlog of projects signed under long-term contracts to 12.7 GW
- Includes an additional 1 GW under a 15-year contract with Amazon, for a total of 2 GW at Bellefield, the largest single solar-plus-storage facility in the US
Completed the construction or acquisition of 593 MW of renewables; on track to add 3.6 GW of new projects to operations in full

AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Thu, 02 May 2024 17:18:00 -0400

Signed an Additional 1 GW of Solar-Plus-Storage Under a Long-Term Contract with Amazon, for a Total of 2 GW at Bellefield in California

Strategic Accomplishments

Signed 1.2 GW of renewables and energy storage under long-term contracts, bringing total backlog of projects signed under long-term contracts to 12.7 GW
- Includes an additional 1 GW under a 15-year contract with Amazon, for a total of 2 GW at Bellefield, the largest single solar-plus-storage facility in the US
Completed the construction or acquisition of 593 MW of renewables; on track to add 3.6 GW of new projects to operations in full

AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Thu, 02 May 2024 17:18:00 -0400

Signed an Additional 1 GW of Solar-Plus-Storage Under a Long-Term Contract with Amazon, for a Total of 2 GW at Bellefield in California

Strategic Accomplishments

Signed 1.2 GW of renewables and energy storage under long-term contracts, bringing total backlog of projects signed under long-term contracts to 12.7 GW
- Includes an additional 1 GW under a 15-year contract with Amazon, for a total of 2 GW at Bellefield, the largest single solar-plus-storage facility in the US
Completed the construction or acquisition of 593 MW of renewables; on track to add 3.6 GW of new projects to operations in full

AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Thu, 02 May 2024 17:18:00 -0400

Signed an Additional 1 GW of Solar-Plus-Storage Under a Long-Term Contract with Amazon, for a Total of 2 GW at Bellefield in California

Strategic Accomplishments

Signed 1.2 GW of renewables and energy storage under long-term contracts, bringing total backlog of projects signed under long-term contracts to 12.7 GW
- Includes an additional 1 GW under a 15-year contract with Amazon, for a total of 2 GW at Bellefield, the largest single solar-plus-storage facility in the US
Completed the construction or acquisition of 593 MW of renewables; on track to add 3.6 GW of new projects to operations in full

AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Thu, 02 May 2024 17:18:00 -0400

Signed an Additional 1 GW of Solar-Plus-Storage Under a Long-Term Contract with Amazon, for a Total of 2 GW at Bellefield in California

Strategic Accomplishments

Signed 1.2 GW of renewables and energy storage under long-term contracts, bringing total backlog of projects signed under long-term contracts to 12.7 GW
- Includes an additional 1 GW under a 15-year contract with Amazon, for a total of 2 GW at Bellefield, the largest single solar-plus-storage facility in the US
Completed the construction or acquisition of 593 MW of renewables; on track to add 3.6 GW of new projects to operations in full

AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Thu, 02 May 2024 17:18:00 -0400

Signed an Additional 1 GW of Solar-Plus-Storage Under a Long-Term Contract with Amazon, for a Total of 2 GW at Bellefield in California

Strategic Accomplishments

Signed 1.2 GW of renewables and energy storage under long-term contracts, bringing total backlog of projects signed under long-term contracts to 12.7 GW
- Includes an additional 1 GW under a 15-year contract with Amazon, for a total of 2 GW at Bellefield, the largest single solar-plus-storage facility in the US
Completed the construction or acquisition of 593 MW of renewables; on track to add 3.6 GW of new projects to operations in full

AES Reports Strong First Quarter Results; Reaffirms 2024 Guidance & Long-Term Growth Rates

Thu, 02 May 2024 17:18:00 -0400

Signed an Additional 1 GW of Solar-Plus-Storage Under a Long-Term Contract with Amazon, for a Total of 2 GW at Bellefield in California

Strategic Accomplishments

Signed 1.2 GW of renewables and energy storage under long-term contracts, bringing total backlog of projects signed under long-term contracts to 12.7 GW
- Includes an additional 1 GW under a 15-year contract with Amazon, for a total of 2 GW at Bellefield, the largest single solar-plus-storage facility in the US
Completed the construction or acquisition of 593 MW of renewables; on track to add 3.6 GW of new projects to operations in full

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Mon, 26 Feb 2024 17:27:00 -0400

Strategic Accomplishments

Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog
Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022
Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million

2023 Financial Highlights

Diluted EPS of $0.34, compared to ($0.82) in 2022
Adjusted EPS¹ of $1.76, compared to $1.67 in 2022 and 2023 guidance of $1.65 to $1.75
2023 Net Loss of $182 million, compared to Net Loss of $505 million in 2022
2023

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Mon, 26 Feb 2024 17:27:00 -0400

Strategic Accomplishments

Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog
Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022
Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million

2023 Financial Highlights

Diluted EPS of $0.34, compared to ($0.82) in 2022
Adjusted EPS¹ of $1.76, compared to $1.67 in 2022 and 2023 guidance of $1.65 to $1.75
2023 Net Loss of $182 million, compared to Net Loss of $505 million in 2022
2023

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Mon, 26 Feb 2024 17:27:00 -0400

Strategic Accomplishments

Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog
Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022
Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million

2023 Financial Highlights

Diluted EPS of $0.34, compared to ($0.82) in 2022
Adjusted EPS¹ of $1.76, compared to $1.67 in 2022 and 2023 guidance of $1.65 to $1.75
2023 Net Loss of $182 million, compared to Net Loss of $505 million in 2022
2023

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Mon, 26 Feb 2024 17:27:00 -0400

Strategic Accomplishments

Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog
Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022
Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million

2023 Financial Highlights

Diluted EPS of $0.34, compared to ($0.82) in 2022
Adjusted EPS¹ of $1.76, compared to $1.67 in 2022 and 2023 guidance of $1.65 to $1.75
2023 Net Loss of $182 million, compared to Net Loss of $505 million in 2022
2023

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Mon, 26 Feb 2024 17:27:00 -0400

Strategic Accomplishments

Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog
Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022
Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million

2023 Financial Highlights

Diluted EPS of $0.34, compared to ($0.82) in 2022
Adjusted EPS¹ of $1.76, compared to $1.67 in 2022 and 2023 guidance of $1.65 to $1.75
2023 Net Loss of $182 million, compared to Net Loss of $505 million in 2022
2023

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Mon, 26 Feb 2024 17:27:00 -0400

Strategic Accomplishments

Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog
Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022
Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million

2023 Financial Highlights

Diluted EPS of $0.34, compared to ($0.82) in 2022
Adjusted EPS¹ of $1.76, compared to $1.67 in 2022 and 2023 guidance of $1.65 to $1.75
2023 Net Loss of $182 million, compared to Net Loss of $505 million in 2022
2023

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Mon, 26 Feb 2024 17:27:00 -0400

Strategic Accomplishments

Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog
Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022
Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million

2023 Financial Highlights

Diluted EPS of $0.34, compared to ($0.82) in 2022
Adjusted EPS¹ of $1.76, compared to $1.67 in 2022 and 2023 guidance of $1.65 to $1.75
2023 Net Loss of $182 million, compared to Net Loss of $505 million in 2022
2023

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Mon, 26 Feb 2024 17:27:00 -0400

Strategic Accomplishments

Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog
Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022
Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million

2023 Financial Highlights

Diluted EPS of $0.34, compared to ($0.82) in 2022
Adjusted EPS¹ of $1.76, compared to $1.67 in 2022 and 2023 guidance of $1.65 to $1.75
2023 Net Loss of $182 million, compared to Net Loss of $505 million in 2022
2023

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Mon, 26 Feb 2024 17:27:00 -0400

Strategic Accomplishments

Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog
Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022
Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million

2023 Financial Highlights

Diluted EPS of $0.34, compared to ($0.82) in 2022
Adjusted EPS¹ of $1.76, compared to $1.67 in 2022 and 2023 guidance of $1.65 to $1.75
2023 Net Loss of $182 million, compared to Net Loss of $505 million in 2022
2023

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Mon, 26 Feb 2024 17:27:00 -0400

Strategic Accomplishments

Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog
Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022
Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million

2023 Financial Highlights

Diluted EPS of $0.34, compared to ($0.82) in 2022
Adjusted EPS¹ of $1.76, compared to $1.67 in 2022 and 2023 guidance of $1.65 to $1.75
2023 Net Loss of $182 million, compared to Net Loss of $505 million in 2022
2023

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Mon, 26 Feb 2024 17:27:00 -0400

Strategic Accomplishments

Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog
Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022
Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million

2023 Financial Highlights

Diluted EPS of $0.34, compared to ($0.82) in 2022
Adjusted EPS¹ of $1.76, compared to $1.67 in 2022 and 2023 guidance of $1.65 to $1.75
2023 Net Loss of $182 million, compared to Net Loss of $505 million in 2022
2023

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Mon, 26 Feb 2024 17:27:00 -0400

Strategic Accomplishments

Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog
Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022
Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million

2023 Financial Highlights

Diluted EPS of $0.34, compared to ($0.82) in 2022
Adjusted EPS¹ of $1.76, compared to $1.67 in 2022 and 2023 guidance of $1.65 to $1.75
2023 Net Loss of $182 million, compared to Net Loss of $505 million in 2022
2023

AES Reports Record Performance in 2023 & Raises Long-Term Guidance

Mon, 26 Feb 2024 17:27:00 -0400

Strategic Accomplishments

Signed new contracts for 5.6 GW of renewables in full year 2023, marking the third year in a row of adding 5 GW or more to the backlog
Completed construction of 3.5 GW of renewables in full year 2023, doubling new additions compared to 2022
Secured $1.1 billion in asset sale proceeds, exceeding target of $400 to $600 million

2023 Financial Highlights

Diluted EPS of $0.34, compared to ($0.82) in 2022
Adjusted EPS¹ of $1.76, compared to $1.67 in 2022 and 2023 guidance of $1.65 to $1.75
2023 Net Loss of $182 million, compared to Net Loss of $505 million in 2022
2023