Highest-materiality recent filing
AES receives CFIUS approval for merger with Horizon Parent
On Aug 27, 2026, AES received CFIUS approval for its pending merger with Horizon Parent, L.P.
AES dismisses EY as auditor, appoints KPMG ahead of merger closing
Dismissal of EY effective upon filing Q2 2026 10-Q; KPMG engaged for FY 2026.
AES stockholders approve $15.00/share acquisition by GIP/EQT consortium; ~97.9% vote in favor
Stockholders voted ~97.92% in favor, representing ~67.17% of outstanding shares.
AES issues $600M 5.200% notes due 2029 and $400M 5.750% notes due 2033
Total $1B offering: $600M 5.200% notes maturing 2029, $400M 5.750% notes maturing 2033.
AES adds proxy disclosures for takeover; JPM, Wells Fargo valuation ranges revealed
Two shareholder lawsuits (Miller v. AES, Jun 3; Wright v. AES, Jun 5) and 15 demand letters challenge proxy disclosures.
AES entered into three credit agreement amendments (March 13 and 16, 2026) to modify change-of-control provisions for the pending merger.
Consortium led by GIP and EQT to acquire AES for $15.00/share in cash, ~$10.7B equity value
AES stockholders to receive $15.00 per share in cash, a 40.3% premium to 30-day VWAP before media report.
AES Corp. to take $250M-$325M pre-tax impairment on Maritza plant in Bulgaria
Pre-tax impairment charge of $250M-$325M as of Dec 31, 2025, for the Maritza power plant in Bulgaria.
AES Q3 net income $517M, EPS $0.94; reaffirms 2025 guidance and 5-7% EBITDA growth target
Q3 GAAP net income $517M (vs $215M in Q3 2024); diluted EPS $0.94 (vs $0.72); adjusted EPS $0.75 (vs $0.71).
AES posts Q2 net loss of $150M on sales-type lease losses; Adjusted EPS up 34% to $0.51
Net loss $150M vs income $153M YoY; Diluted EPS ($0.15) vs $0.39; Adjusted EPS $0.51 vs $0.38.
AES wins $733M ICSID arbitration award against Argentina for BIT breaches
Arbitral tribunal awarded AES ~$733 million in damages plus accrued interest from Argentina.
AES Q1 net loss $73M, adj EPS $0.27; reaffirms 2025 guidance
Q1 2025 net loss $73M vs net income $278M in Q1 2024; diluted EPS $0.07 vs $0.60.
AES prices $800M of 5.800% Senior Notes due 2032; concurrent tender offer for 3.300% notes due 2025
Issued $800M aggregate principal of 5.800% Senior Notes due 2032 at 100% of par.
AES restates Q2/Q3 2024 results; impairment overstated by ~$197M; material weakness identified
AES concludes Q2/Q3 2024 financials should no longer be relied upon due to impairment overstatement.
AES beats 2024 Adjusted EPS guidance at $2.14; initiates 2025 outlook
FY24 diluted EPS $2.37 (vs $0.34 loss in 2023); Adjusted EPS $2.14, above guidance of $1.87-$1.97.
AES Q3 adjusted EPS $0.71 vs $0.60; reaffirms 2024 guidance; signed 2.2 GW of new contracts
GAAP diluted EPS $0.72, up from $0.32; net income attributable to AES $502M vs $231M.
Q2 adj. EPS $0.38 vs $0.21 YoY; GAAP diluted EPS $0.27 vs ($0.06) YoY.
AES closes $950M issuance of 7.600% junior subordinated notes due 2055
$950M principal of 7.600% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due Jan 15, 2055.
AES Q1 2024: diluted EPS $0.60 vs $0.21; reaffirms 2024 guidance; signs 1 GW Amazon deal
Diluted EPS of $0.60, up from $0.21 in Q1 2023; adjusted EPS of $0.50 vs $0.22.
AES posts record 2023 Adjusted EPS $1.76, beats guidance; raises growth targets through 2027
Diluted EPS $0.34 vs -$0.82; Adjusted EPS $1.76 (guidance $1.65-1.75); Net loss $182M improved from $505M loss.
AES Q3 Adj EPS $0.60; expects FY 2023 Adj EPS in top half of $1.65-$1.75 range
Q3 2023 Diluted EPS $0.32 vs $0.59 YoY; Net income $291M, down from $446M.
Q2 2023 diluted EPS ($0.06) improved from ($0.27) in Q2 2022; Adjusted EPS $0.21 vs $0.34.
AES targets tripling renewables capacity by 2027, sets EPS growth target of 6-8%
Plans to add 25-30 GW of solar, wind and energy storage through 2027, tripling renewables capacity.
AES reports Q1 2023 diluted EPS $0.21, reaffirms 2023 guidance
Q1 diluted EPS $0.21 (up from $0.16 YoY); adjusted EPS $0.22 (up from $0.21); net income $189M (up $18M).
AES reports 2022 adjusted EPS $1.67, beats guidance; announces $750M commercial paper program
Adjusted EPS $1.67 vs guidance $1.55-$1.65 and prior year $1.52; Diluted EPS ($0.82).
AES Q3 adj EPS $0.63 beats prior year; now expects FY 2022 adj EPS at high-end of $1.55-1.65
Q3 2022 Diluted EPS $0.59 (up from $0.48); Adjusted EPS $0.63 (up from $0.50), driven by higher LNG margins in MCAC.
AES Q2 2022 Adjusted EPS $0.34 (+10% YoY); reaffirms full-year guidance
Diluted EPS of ($0.27) vs $0.03 in Q2 2021; Adjusted EPS $0.34 vs $0.31 (+10% YoY).
AES to record $450M-$550M impairment on Maritza plant due to Bulgaria coal phase-out by 2038
Pre-tax impairment charge of $450M-$550M to be recognized as of June 30, 2022, due to reduced useful life of Maritza plant to 2038.
AES reports FY2021 Adj EPS $1.52, meets guidance; announces coal exit by 2025, reaffirms 7-9% growth
FY2021 Adjusted EPS $1.52 (guidance $1.50-$1.58); Diluted EPS ($0.62) driven by Alto Maipo deconsolidation.
Adjusted EPS $1.52 vs guidance $1.50-1.58 and $1.44 in 2020; Diluted EPS ($0.62) due to Alto Maipo loss.
On January 18, 2024, the Board of Directors (the “Board”) of The AES Corporation (the “Company”) approved the appointment of Mr. Inderpal S. Bhandari to serve as a director on the Board, effective January 18, 2024 .
On July 21, 2023, the Board appointed Ricardo Manuel Falú to serve as AES’ Senior Vice President and COO, effective July 24, 2023.
Bernerd Da Santos, currently serving as Executive Vice President, Chief Operating Officer ("COO") and President of AES’ Renewables Strategic Business Unit ("SBU"), will step down from his position as COO, effective July 24, 2023
elected Mr. Gerard M. Anderson to the Board, effective July 17, 2023.
On January 25, 2022, The AES Corporation (the “Company”) and Lisa Krueger mutually determined that Ms. Krueger will cease to serve in her role as the Company’s Executive Vice President and President, U.S. and Utilities SBU on January 25, 2022 in connection with an internal reorganization.
On September 21, 2021, the Board of Directors (the “Board”) of the Company appointed Stephen Coughlin to serve as the Company’s Executive Vice President and Chief Financial Officer, effective October 15, 2021.
On September 20, 2021, Gustavo Pimenta, Executive Vice President and Chief Financial Officer of The AES Corporation (the “Company”), notified the Company of his decision to resign from his position to join Vale S.A. as its Chief Financial Officer.
On July 15, 2021, the Board of Directors (the “Board”) of The AES Corporation (the “Company”) elected Maura Shaughnessy to the Board, effective immediately, and appointed her to the Financial Audit Committee and Innovation and Technology Committee of the Board.
Max materiality 1.00 · Median 0.62 · Most common event earnings