The Company is reaffirming its 2025 guidance for Adjusted EBITDA of $2,650 to $2,850 million. Growth in 2025 is expected to be driven by contributions from new renewables projects, rate base growth at the Company’s US utilities, and normalized results in Colombia and Mexico, partially offset by revenues from the monetization of the Warrior Run coal plant PPA in 2024 and asset sales.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AES:
- AES Earnings this Week: How Will it Perform?
- Hyperscalers Like Amazon, Oracle, and Meta Stock Are Powering a Utility Stock Revival
- This Week’s Fed Rate Decision Is ‘What Risk Assets Are Counting On’
- Private Markets: Crusoe raises $1.375B at valuation above $10B
- AES Corp. price target raised to $24 from $23 at Morgan Stanley
