How power companies are keeping your lights on during the pandemic [Los Angeles Times (CA)]
The AES Corporation (AES)
Last the aes corporation earnings: 2/28 06:00 am
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Source: Los Angeles Times
The American power grid has been described as the world’s biggest machine — and the people who run that machine say they’re prepared to keep the lights on as the coronavirus pandemic spreads. Disaster planning is baked into the DNA of electric and gas utilities, which regularly deal with hurricanes, earthquakes, cyberattacks and other disruptions that threaten to disable critical infrastructure. That doesn’t mean responding to COVID-19 will be easy. But it does mean utilities have plans in place to keep supplying reliable electricity and gas while the crisis plays out. “Say what you will about the utility industry — they’re pretty good about contingency planning,” said Stephen Berberich, president of the California Independent System Operator, which manages the electric grid for most of the state. “Things are changing quickly, and we’re doing our best to adapt to changing conditions. But I have every confidence in our people and our technology.” The power sector started developing mor
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AES
News
- The AES Co. (NYSE: AES) had its price target lowered by analysts at Mizuho from $24.00 to $16.00. They now have an "outperform" rating on the stock.MarketBeat
- Babcock & Wilcox to convert AES Indiana's coal boilers to natural gas [Yahoo! Finance]Yahoo! Finance
- AM Best Affirms Credit Ratings of AES Global Insurance Company [Yahoo! Finance]Yahoo! Finance
- AM Best Affirms Credit Ratings of AES Global Insurance CompanyBusiness Wire
- Babcock & Wilcox Receives Full Notice to Proceed on $246 Million Contract for Indiana Power Plant Coal-to-Gas Fuel-Switching Project [Yahoo! Finance]Yahoo! Finance
AES
Earnings
- 10/31/24 - Beat
AES
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- 11/13/24 - Form SC
- AES's page on the SEC website