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Stock impact report

AES to Gain From Renewable Expansion & Rising Presence in LNG Space [Yahoo! Finance]

The AES Corporation (AES) 
Last the aes corporation earnings: 2/28 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
It has also been expanding its footprint in the liquefied natural gas (LNG) market. However, this Zacks Rank #3 (Hold) company faces risks like a decline in wholesale prices. Tailwinds Favoring AES Like other utility providers, AES has been expanding its renewable generation portfolio to gain from the growing clean energy market. In 2024, it completed the construction of 3 gigawatts (GW) of wind, solar, gas and energy storage and expects to add a total of 3.2 GW to its operating portfolio by the end of 2025. To promote clean energy adoption, AES has also been rapidly retiring its coal-fired units, reducing carbon emissions from its portfolio. In 2024, the company retired 481 MW of coal generation in Chile and the United States. AES operates two LNG terminals in the Caribbean. The company has long-term contracts to sell re-gasified LNG to industrial users and third-party power plants, capturing demand from industrial and commercial customers. Headwinds Faced by AES Wholes Show less Read more
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