ARLINGTON, Va., Jan. 10, 2022 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the positive results of the tender offer by AES' wholly-owned Chilean subsidiary, Inversiones Cachagua SpA, for the shares of AES Andes S.A. (AES Andes) held by minority shareholders. Upon completion, which is expected on or about January 12, 2022, AES will increase its interest in AES Andes from 66.98% to 98.13%.
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ARLINGTON, Va., Dec. 20, 2021 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the acquisition of leading US solar developer, Community Energy Solar, LLC (Community Energy). AES has signed PPAs to deliver 4 GW of renewables in the US this year and the acquisition of Community Energy will further bolster the Company's future expansion efforts with a strong pipeline and skilled development workforce.
ARLINGTON, Va., Dec. 8, 2021 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced the launch of Atlas, a new first-of-its-kind solar installation robot. Atlas represents a major advance in solar energy technology, making it faster, more efficient and safer to construct new solar facilities. Atlas was designed by AES through a multi-year innovation process and built in cooperation with Calvary Robotics and other third parties.
ARLINGTON, Va., Dec. 3, 2021 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) approved an increase of 5% in the Company's quarterly common stock dividend, from $0.1505 per share to $0.1580 per share, beginning in the first quarter of 2022.
ARLINGTON, Va., Nov. 3, 2021 /PRNewswire/ --
The 15-year agreement will supply Microsoft's Virginia-based data centers with renewable energy to match their energy consumption
ARLINGTON, Va., Nov. 2, 2021 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced that it has signed a 15-year agreement with Microsoft (Nasdaq: MSFT) to support the company in achieving its 100/100/0 by 2030 goal. Microsoft, one of the world's largest purchasers of renewable energy, will use the around-the-clock renewable energy provided through this agreement to power its data centers located in Virginia. The structure of the agreement utilizes both existing renewable projects under a long-term contract to Microsoft, while also adding additional renewable resources in the region.
ARLINGTON, Va., Oct. 28, 2021 /PRNewswire/ -- On October 27, 2021, Fluence Energy, Inc. ("Fluence") announced the pricing of its initial public offering of Class A common stock, which valued Fluence at approximately $4.7 billion. Fluence, an AES joint venture with Siemens, originated from AES' work to conceive and test the world's first lithium-ion energy storage system connected to an electric grid in 2007. The Fluence shares are expected to begin trading on the Nasdaq Global Select Market on October 28, 2021, under the ticker symbol "FLNC." The initial public offering is expected to close on November 1, 2021, subject to customary closing conditions.
ARLINGTON, Va., Oct. 15, 2021 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1505 per share payable on November 15, 2021 to shareholders of record at the close of business on November 2, 2021.
ARLINGTON, Va., Oct. 6, 2021 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced that it is partnering with Google on Nest Renew, a new service for Nest thermostats. At launch, AES will offer Nest Renew through its US utilities, AES Indiana and AES Ohio. Utility customers who enroll in Nest Renew will benefit from cost-saving and energy efficiency features as well as opportunities to accelerate their own clean energy goals. This announcement builds on AES' 10-year strategic alliance with Google, as the companies jointly explore new technologies and innovations to promote a greener, smarter energy future.