AES Corp (AES) Misses Q1 EPS by 8c

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AES Reports First Quarter 2016 Proportional Free Cash Flow of $253 Million and Adjusted Earnings Per Share of $0.13

May 9, 2016 6:00 AM EDT

Highlights

Reaffirming 2016 guidance and 2017-2018 expectations Prepaid $125 million in Parent debt Broke ground on the 335 MW Masinloc 2 expansion project in the Philippines Total of 5,945 MW under construction, the majority of which is expected to come on-line through 2018 In April, received payment of 309 million ($350 million) in outstanding receivables at Maritza in Bulgaria

ARLINGTON, Va.--(BUSINESS WIRE)--... More