AES Corp to Sell Interest in Ohio Unit
AES Corp. sells equity in AES Ohio ($547 million deal)
Fortune 500 global energy giant AES Corp. sold equity in its Ohio entity. AES Corp. has agreed to sell a 30% indirect equity interest in AES Ohio to global investment group CDPQ for $546 million. Closing is expected in the first half of 2025.
AES Corporation’s aggressive shift to renewables and diverse revenue streams position it well for long-term growth. Find out ...
AES spokesperson says the company's systems "have resumed normal business operations" and disconnections and fees will begin again on Nov. 1.
Specifically, the settlement would allow the deployment of the company’s Smart Grid Phase 2, which would continue the ...
The deal, which reflects a total consideration of about $546 million, is expected to close in the first half of 2025.
A new plan set forward by AES Ohio would impact the price you pay. According to AES Ohio, the company is deploying Smart Grid ...
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Check the time stamp on this data. Updated AI-Generated Signals for The Aes Corporation (AES) available here: AES.
One company value investors might notice is AES (AES). AES is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 8.10. This compares ...
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