---
schema_version: "secwatch.filing_event.v1"
accession: "0000874761-22-000009"
form_type: "8-K"
ticker: "AES"
cik: "0000874761"
company_name: "AES CORP"
filed_at: "2022-02-24T23:59:59+00:00"
generated_at: "2026-06-27T05:09:48.840351+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AES reports FY2021 Adj EPS $1.52 beat guidance; announces coal exit by 2025, reaffirms 7-9% growth target

## Summary
- Adjusted EPS $1.52 vs guidance $1.50-1.58 and $1.44 in 2020; Diluted EPS ($0.62) due to Alto Maipo loss.
- Signed 4,965 MW new renewables PPAs in 2021; backlog 9,239 MW; pipeline 59 GW.
- Announces intent to exit coal by year-end 2025 (from previous <10% by 2025); expects $1B asset sale proceeds 2022-2025.
- Initiates FY2022 Adj EPS guidance $1.55-1.65; reaffirms 7-9% annualized growth through 2025.
- Increased ownership in AES Andes to 99% from 67%; Fluence completed IPO in Nov 2021.

## SEC filing metadata
- accession: 0000874761-22-000009
- form_type: 8-K
- ticker: AES
- cik: 0000874761
- company_name: AES CORP
- filed_at: 2022-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874761/000087476122000009/0000874761-22-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874761/000087476122000009/aes-20220224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000874761-22-000009
- JSON: https://secwatch.observer/filing/0000874761-22-000009.json
- Plain text: https://secwatch.observer/filing/0000874761-22-000009.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.