United States

AES Corp (AES)

AES on New York Consolidated

24 Mar 2017
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$0.05 (+0.45%)
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Latest Key Developments (Source: Significant Developments)

AES Corp announces pricing of secondary offering of about 60 mln shares of common stock by subsidiary of CIC
Wednesday, 13 May 2015 08:05am EDT 

AES Corp:Says secondary public offering of an aggregate of about 60 mln shares of its common stock, by Terrific Investment Corp(selling stockholder) with about 40 mln shares offered to public at 13.25 per share.Morgan Stanley is acting as underwriter for offering.Completion of offering, it is expected that selling stockholder will have fully sold its stake in AES common stock.AES will not receive any of proceeds from offering.  Full Article

AES Corp reaffirms FY 2015 EPS guidance
Monday, 11 May 2015 06:00am EDT 

AES Corp:Expects FY 2015 adjusted diluted EPS from continuing operations to be in the range of $1.25-$1.35.FY 2015 EPS of $1.27 - Thomson Reuters I/B/E/S.  Full Article

AES Corporation clarifies record date for Q2 dividend payment
Friday, 24 Apr 2015 04:35pm EDT 

AES Corporation:Declares a quarterly common stock dividend of 10 cents per share.Payable on May 15.Says Q2 dividend is payable to shareholders of record date as on May 5 not May 1.  Full Article

AES Corp announces signing of heads of terms agreement at Maritza in Bulgaria
Wednesday, 8 Apr 2015 06:20am EDT 

AES Corp:Says Subsidiaries, AES 3C Maritza East I (Maritza) has signed heads of terms agreement (HTA) with NEK, state-owned wholesale power company.Under framework set forth in HTA, both parties will endeavor to make certain changes to Power Purchase Agreement (PPA), under which Maritza sells its output to NEK through 2026 (PPA Term).Maritza and NEK agreed to reduce the capacity payment to Maritza under the PPA by 14 percent through the PPA Term.In exchange, NEK will pay Maritza its full outstanding receivables, which as of March 31, 2015 were about $236 mln.Says binding agreement is expected to be signed by Q3 of 2015 and is subject to customary regulatory approvals.  Full Article

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BRIEF-OPGC gets additional equity for its expansion project

* Odisha government, AES infused additional equity of 4.85 billion rupees in to OPGC in proportion of their present holding of 51:49