Brief: Aes Outlines Long-Term Strategy For Growth In Renewables & US Utilities

AES

08/05/2023 14:21

May 8 (Reuters) - AES Corp  AES.N :
    * AES OUTLINES LONG-TERM STRATEGY FOR GROWTH IN RENEWABLES &
US
UTILITIES, WHILE EXECUTING ON INTENT TO EXIT COAL BY YEAR-END
2025
    * AES CORP - THROUGH 2027 EXPECT TO TRIPLE RENEWABLES
CAPACITY BY
ADDING 25 TO 30 GW OF SOLAR, WIND AND ENERGY STORAGE
    * AES CORP - INITIATING ADJUSTED EPS ANNUALIZED GROWTH
TARGET OF
6% TO 8% THROUGH 2027
    * AES CORP - INITIATING ADJUSTED EPS ANNUALIZED GROWTH
TARGET OF
6% TO 8% THROUGH 2027, FROM A BASE OF 2023 GUIDANCE OF $1.65 TO
$1.75
    * AES CORP - REAFFIRMING ADJUSTED EPS ANNUALIZED GROWTH
TARGET OF
7% TO 9% THROUGH 2025
    * AES CORP: INITIATING 2023 ADJUSTED EBITDA GUIDANCE OF
$2,600 TO
$2,900 MILLION
    * AES CORP - INITIATING 2023 ADJUSTED EBITDA GUIDANCE OF
$2,600 TO
$2,900 MILLION
    * AES CORP: MAINTAINING 4% TO 6% ANNUAL DIVIDEND GROWTH
GUIDANCE,
SUBJECT TO BOARD APPROVAL

Source text for Eikon:  ID:nPnbFm5Kba 
Further company coverage:  AES.N 

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