The AES Corporation (AES) is among the best electricity utility stocks for investment with increasing interest from Concurrent Investment Advisors LLC and M&G Plc. The company's share prices have fluctuated recently performing poorly against competitors on some days and outperforming on others. Despite a lowered price target by Susquehanna, analysts anticipate a potential upside of 17.73%. AES Corporation is also making noteworthy strides in the renewable energy sector, recently completing construction of 1.2 GW and adding 2.2 GW of Renewables PPAs and Data Center Load growth at US utilities. Plans are underway for a further expansion in the green hydrogen sector in Latin America. The company also received $861M loan guarantee for solar storage in Puerto Rico and continues to implement AI to boost its sustainable energy business. Despite a decline year-on-year, the Q3 earnings beat estimations and forecast strong EPS growth. AES Indiana has also received approval to convert Petersburg Coal Plants to Natural Gas, reflecting the Company's continued commitment to clean energy solutions. Notably, AES Corporation's AI-enabled solar panel installation robot named Maximo, is signifcant in accelerating renewables capacity construction. A noteworthy investment of $546M for a minority stake in AES Ohio from CDPQ further supports AES Ohio's growth plans.
Aes Corporation AES News Analytics from Wed, 03 Jan 2024 08:00:00 GMT to Sat, 09 Nov 2024 09:35:23 GMT -
Rating 6
- Innovation 7
- Information 6
- Rumor -1
