secwatch.observer — SEC 8-K summary
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Issuer:     AES CORP (AES)
CIK:        0000874761
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0000874761-23-000073
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AES Q2 net loss narrows, Adjusted EPS $0.21; reaffirms 2023 guidance; renewables backlog hits 13.2 GW
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- Q2 2023 diluted EPS ($0.06) improved from ($0.27) in Q2 2022; Adjusted EPS $0.21 vs $0.34.
- Net loss narrowed to $19M from $136M; Adjusted EBITDA $569M down from $686M.
- Reaffirmed 2023 guidance: Adjusted EPS $1.65-$1.75 and Adjusted EBITDA $2,600-$2,900M.
- YTD signed 2.2 GW renewables PPAs; backlog record 13.2 GW; on track for 3.4 GW commissioned in 2023.
- Coal exit progress: retired 415 MW Petersburg Unit 2; announced retirement of 276 MW Norgener; terminated Warrior Run PPA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874761/000087476123000073/0000874761-23-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874761/000087476123000073/aes-20230803.htm
  HTML page:      https://secwatch.observer/filing/0000874761-23-000073

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