AES Corp (AES) Tops Q4 EPS by 2c

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Go back to AES Corp (AES) Tops Q4 EPS by 2c

AES Delivers on All 2022 Financial and Strategic Objectives; Reaffirms 7% to 9% Annualized Growth Target Through 2025

February 27, 2023 6:00 AM EST

Strategic Accomplishments

Signed 5.2 GW of PPAs for new renewable energy projects in 2022, including 1.9 GW since the Company's third quarter earnings call in November, increasing backlog to 12.2 GWCompleted the construction or acquisition of operating projects totaling 1.9 GW in 2022, including 1 GW of new renewables in the United StatesAnnounced partnership with Air Products to develop, build, own and operate the largest green hydrogen production facility in the United States

2022 Financial Highlights

Diluted EPS of ($0.82), compared to ($0.62) in 2021Adjusted EPS1 of $1.67, compared to $1.52 in 2021 and... More