SummaryFocusing on dividend stocks at or near historic high yields enables value-driven capital gains and income, especially when yields exceed the 10-year Treasury.Five standout stocks—VICI, EMN, AES, KMB, and PEP—currently offer 4%+ yields near historic highs, supported by solid credit ratings and dividend growth histories.Relative valuation metrics (P/E or P/AFFO) confirm these winners are trading below their 5-year averages, highlighting attractive entry points.Combining historic yield analysis with price and valuation metrics effectively identifies undervalued, high-quality income opportunities and warns against overvalued stocks.This idea was discussed in more depth with members of my private investing community, Macro Trading Factory. Learn More » Andrii Yalanskyi/iStock via Getty Images
Win with value investing in dividend stocks that have historic high yield as a determining criteria for purchase. Undervaluation and patience will reap capital gain rewards, while overvaluation is a huge risk for any type of
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, /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.17595 per share payable on August 14, 2026 to shareholders of record at the close of business on July 31, 2026.
Additional information regarding dividends paid by AES, including tax treatment, can be found on www.aes.com by selecting "Investors" then "Stock Information" and then "Dividend History."
About AES
The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy. Together with our many stakeholders, we're improving lives by delivering the greener, smarter energy solutions the world needs. Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today. For more information, visit www.aes.com.
Safe Harbor Disclosure
This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, those related to future earnings, growth and financial and operating performance. Forward-looking statements are not intended to be a guarantee of future results but instead constitute AES' current expectations based on reasonable assumptions. Estimates and projections regarding, among other things, the expected date of closing of the transaction and the potential benefits thereof, its business and industry, management's beliefs and certain assumptions made by AES, all of which are subject to change. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, our expectations regarding accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at our distribution companies and operational performance at our generation businesses consistent with historical levels, as well as the execution of PPAs, conversion of our backlog and growth investments at normalized investment levels, and rates of return consistent with prior experience.
Actual results could differ materially from those projected in our forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES' filings with the Securities and Exchange Commission (the "SEC"), including, but not limited to, the risks discussed under Item 1A: "Risk Factors" and Item 7: "Management's Discussion & Analysis" in AES' 2025 Annual Report on Form 10-K and in subsequent reports filed with the SEC. Readers are encouraged to read AES' filings to learn more about the risk factors associated with AES' business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except where required by law.
Any Stockholder who desires a copy of the Company's 2025 Annual Report on Form 10-K filed March 2, 2026 with the SEC may obtain a copy (excluding the exhibits thereto) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. A copy of the Annual Report on Form 10-K may be obtained by visiting the Company's website at www.aes.com.
Website Disclosure
AES uses its website, including its quarterly updates, as channels of distribution of Company information. The information AES posts through these channels may be deemed material. Accordingly, investors should monitor our website, in addition to following AES' press releases, quarterly SEC filings and public conference calls and webcasts. In addition, you may automatically receive e-mail alerts and other information about AES when you enroll your e-mail address by visiting the "Subscribe to Alerts" page of AES' Investors website. The contents of AES' website, including its quarterly updates, are not, however, incorporated by reference into this release.
Investor Contact: Max Trask 571-217-3249, [email protected]
Media Contact: Amy Ackerman 703-682-6399, [email protected]
, /PRNewswire/ -- The AES Corporation (the "Company" or "AES") (NYSE: AES) today announced that its stockholders voted to approve the Company's previously announced acquisition by Global Infrastructure Partners ("GIP"), a part of BlackRock, and the EQT Infrastructure VI fund ("EQT"), along with co-underwriters California Public Employees' Retirement System ("CalPERS") and Qatar Investment Authority ("QIA") (collectively "the Consortium"), at the Company's Meeting of Stockholders held earlier today.
As previously announced, under the terms of the merger agreement the Consortium will acquire all outstanding common shares of AES for $15.00 per share in cash, representing a total equity value of approximately $10.7 billion and an enterprise value of approximately $33.4 billion, including the assumption of existing debt1.
"We are grateful for the strong support from our stockholders," said Holly Koeppel, Lead Independent Director of AES' Board of Directors. "Today's vote reinforces our conviction that this transaction meaningfully enhances value while positioning AES for its next phase of growth. With the deep sector expertise of the Consortium, AES will have greater flexibility to invest in the critical energy solutions our customers and communities depend on. We look forward to working with the Consortium to complete the transaction, advance our shared mission, and create long-term value for all stakeholders."
"Our team has built a differentiated platform spanning regulated utilities, clean energy solutions and critical energy infrastructure, creating a strong foundation for sustained growth," said Andrés Gluski, Chairman and Chief Executive Officer of AES. "With today's approval by stockholders, we are focused on executing the remaining steps towards completing the transaction and partnering with the Consortium to expand our capacity to deliver reliable, affordable and sustainable energy."
Based on the preliminary vote count from today's special meeting of stockholders, approximately 97.92% of AES stockholders votes were cast in favor of the proposed transaction, representing approximately 67.17% of all outstanding shares. The final voting results will be reported in a Form 8-K filed with the U.S. Securities and Exchange Commission.
The transaction is expected to close in late 2026 or early 2027, and remains subject to the receipt of applicable federal, state and foreign regulatory approvals and the satisfaction of other customary closing conditions.
About AES
The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy. Together with our many stakeholders, we're improving lives by delivering the greener, smarter energy solutions the world needs. Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today.
About Global Infrastructure Partners (GIP), a Part of BlackRock
Global Infrastructure Partners (GIP), a part of BlackRock, is a leading infrastructure investor that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors.
GIP's scaled platform has over $206 billion in assets under management. We believe that our focus on real infrastructure assets, combined with our deep proprietary origination network and comprehensive operational expertise, enables us to be responsible stewards of our clients' capital and create positive economic impact for communities.
About EQT
EQT is a purpose-driven global investment organization with EUR 269 billion in total assets under management (EUR 142 billion in fee-generating assets under management) as of 31 March 2026, within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.
About CalPERS
CalPERS is the largest defined benefit public pension fund in the U.S., with a net position of $597.7 billion in its Public Employees' Retirement Fund as of March 31, 2026. The portfolio invests in stocks, bonds, real estate, infrastructure, private equity, inflation-linked assets and other public and private investment vehicles, with a goal to generate total returns on a long-term basis while managing risk. Headquartered in Sacramento, California, CalPERS serves nearly 2.4 million members, providing retirement benefits to state, school, and public employees, along with health benefit services to 1.5 million members.
About QIA
QIA is the sovereign wealth fund of the State of Qatar. QIA was founded in 2005 to invest and manage the state reserve funds. QIA is among the largest and most active sovereign wealth funds globally. QIA invests across a wide range of asset classes and regions as well as in partnership with leading institutions around the world to build a global and diversified investment portfolio with a long-term perspective that can deliver sustainable returns and contribute to the prosperity of the State of Qatar.
Safe Harbor Disclosure
This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, those related to future earnings, growth and financial and operating performance. Forward-looking statements are not intended to be a guarantee of future results but instead constitute AES' current expectations based on reasonable assumptions. Estimates and projections regarding, among other things, the expected date of closing of the transaction and the potential benefits thereof, its business and industry, management's beliefs and certain assumptions made by AES, all of which are subject to change. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, our expectations regarding accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at our distribution companies and operational performance at our generation businesses consistent with historical levels, as well as the execution of PPAs, conversion of our backlog and growth investments at normalized investment levels, and rates of return consistent with prior experience.
Actual results could differ materially from those projected in our forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES' filings with the Securities and Exchange Commission (the "SEC"), including, but not limited to, the risks discussed under Item 1A: "Risk Factors" and Item 7: "Management's Discussion & Analysis" in AES' 2025 Annual Report on Form 10-K and in subsequent reports filed with the SEC. Readers are encouraged to read AES' filings to learn more about the risk factors associated with AES' business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except where required by law.
Any Stockholder who desires a copy of the Company's 2025 Annual Report on Form 10-K filed March 2, 2026 with the SEC may obtain a copy (excluding the exhibits thereto) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. A copy of the Annual Report on Form 10-K may be obtained by visiting the Company's website at www.aes.com.
Contacts
AES Investor Contact:
Max Trask 571-217-3249, [email protected]
AES Media Contact:
Amy Ackerman 703-682-6399, [email protected]
GIP Contact:
Mustafa Riffat, 917-747-4156, [email protected]
Press Release
Investor Contact: Max Trask 571-217-3249, [email protected]
Media Contact: Amy Ackerman 703-682-6399, [email protected]
1Enterprise value based on proportional net debt of $22,724 million and a share count of 712 million, as of December 31, 2025. Consolidated net debt was $27,561 million as of December 31, 2025.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One stock to keep an eye on is AES (AES - Free Report) . AES is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock holds a P/E ratio of 5.74, while its industry has an average P/E of 15.89. Over the past 52 weeks, AES's Forward P/E has been as high as 10.04 and as low as 4.38, with a median of 5.79.
We also note that AES holds a PEG ratio of 0.51. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. AES's industry currently sports an average PEG of 1.40. Over the last 12 months, AES's PEG has been as high as 1.89 and as low as 0.51, with a median of 1.41.
Another valuation metric that we should highlight is AES's P/B ratio of 1.21. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 2.61. AES's P/B has been as high as 2.03 and as low as 0.89, with a median of 1.18, over the past year.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a preferred metric because revenue can't really be manipulated, so sales are often a truer performance indicator. AES has a P/S ratio of 0.84. This compares to its industry's average P/S of 2.49.
Finally, investors should note that AES has a P/CF ratio of 4.12. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 9.60. Over the past 52 weeks, AES's P/CF has been as high as 7.00 and as low as 2.41, with a median of 3.49.
Another great Utility - Electric Power stock you could consider is E.ON (EONGY - Free Report) , which is a Zacks Rank of #2 (Buy) stock with a Value Score of A.
E.ON is trading at a forward earnings multiple of 14.92 at the moment, with a PEG ratio of 5.97. This compares to its industry's average P/E of 15.89 and average PEG ratio of 1.40.
Over the past year, EONGY's P/E has been as high as 16.12, as low as 9.27, with a median of 12.41; its PEG ratio has been as high as 7.50, as low as 3.69, with a median of 5.86 during the same time period.
Additionally, E.ON has a P/B ratio of 1.78 while its industry's price-to-book ratio sits at 2.61. For EONGY, this valuation metric has been as high as 1.86, as low as 1.08, with a median of 1.55 over the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that AES and E.ON are likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, AES and EONGY feels like a great value stock at the moment.
AES (NYSE:AES – Get Free Report) and Hawaiian Electric Industries (NYSE:HE – Get Free Report) are both utilities companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, risk, valuation, analyst recommendations, earnings, dividends and profitability.
Volatility & Risk AES has a beta of 1.03, indicating that its stock price is 3% more volatile than the S&P 500. Comparatively, Hawaiian Electric Industries has a beta of 0.55, indicating that its stock price is 45% less volatile than the S&P 500.
Earnings and Valuation This table compares AES and Hawaiian Electric Industries”s revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio AES $12.23 billion 0.84 $910.00 million $1.26 11.50 Hawaiian Electric Industries $3.09 billion 0.86 $126.28 million $0.71 21.66 AES has higher revenue and earnings than Hawaiian Electric Industries. AES is trading at a lower price-to-earnings ratio than Hawaiian Electric Industries, indicating that it is currently the more affordable of the two stocks.
Insider & Institutional Ownership 93.1% of AES shares are owned by institutional investors. Comparatively, 59.9% of Hawaiian Electric Industries shares are owned by institutional investors. 0.8% of AES shares are owned by company insiders. Comparatively, 0.2% of Hawaiian Electric Industries shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Profitability This table compares AES and Hawaiian Electric Industries’ net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets AES 7.40% 19.93% 3.29% Hawaiian Electric Industries 4.09% 9.82% 1.75% Analyst Ratings This is a summary of current recommendations and price targets for AES and Hawaiian Electric Industries, as reported by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score AES 0 8 2 0 2.20 Hawaiian Electric Industries 1 2 0 1 2.25 AES presently has a consensus target price of $24.09, suggesting a potential upside of 66.32%. Hawaiian Electric Industries has a consensus target price of $13.25, suggesting a potential downside of 13.86%. Given AES’s higher probable upside, equities analysts plainly believe AES is more favorable than Hawaiian Electric Industries.
Summary AES beats Hawaiian Electric Industries on 11 of the 15 factors compared between the two stocks.
About AES (Get Free Report)
The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market. It uses various fuels and technologies to generate electricity, such as coal, gas, hydro, wind, solar, and biomass, as well as renewables comprising energy storage and landfill gas. The company owns and/or operates a generation portfolio of approximately 34,596 megawatts and distributes power to 2.6 million customers. The company was formerly known as Applied Energy Services, Inc. and changed its name to The AES Corporation in April 2000. The AES Corporation was incorporated in 1981 and is headquartered in Arlington, Virginia.
About Hawaiian Electric Industries (Get Free Report)
Hawaiian Electric Industries, Inc., together with its subsidiaries, engages in the electric utility businesses in the United States. It operates in three segments: Electric Utility, Bank, and Other. The Electric Utility segment engages in the production, purchase, transmission, distribution, and sale of electricity in the islands of Oahu, Hawaii, Maui, Lanai, and Molokai. Its renewable energy sources and potential sources include wind, solar, photovoltaic, geothermal, wave, hydroelectric, municipal waste, and other biofuels. This segment serves suburban communities, resorts, the United States Armed Forces installations, and agricultural operations. The Bank segment operates a federally chartered savings bank that offers banking and other financial services to consumers and businesses, including savings and checking accounts; and loans comprising residential and commercial real estate, residential mortgage, construction and development, multifamily residential and commercial real estate, consumer, and commercial loans. The Other segment invests in non-regulated renewable energy and sustainable infrastructure in the State of Hawaii. Hawaiian Electric Industries, Inc. was founded in 1891 and is headquartered in Honolulu, Hawaii.
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, /PRNewswire/ -- IPALCO Enterprises, Inc. ("IPALCO") today announced the termination of its previously announced solicitations of consents (each, an "Expired Solicitation" and, collectively, the "Expired Solicitations") from registered holders (the "Holders") of its 4.25% Senior Notes due 2030 (the "2030 Notes") and 5.75% Senior Notes due 2034 (together with the 2030 Notes, the "Notes") to certain proposed amendments to the indentures governing the Notes.
The Expired Solicitations expired at 5:00 p.m., New York City time, on May 13, 2026. As of such time, IPALCO had not received the requisite consents from the Holders. Rather than extend the expiration time for the Expired Solicitations, IPALCO has determined to terminate the Expired Solicitations. No consideration will be paid or become payable to Holders who previously delivered consents pursuant to the Expired Solicitations.
About IPALCO
IPALCO Enterprises, Inc. is a holding company which, through its principal subsidiary Indianapolis Power & Light Company, a regulated electric utility that provides retail electric service to more than 533,000 residential, commercial and industrial customers, engages primarily in generating, transmitting, distributing and selling electric energy, with its customer base concentrated in Indianapolis, Indiana. IPALCO Enterprises, Inc. is owned by The AES Corporation, a global power company, with CDP Infrastructures Fund L.P., a wholly owned subsidiary of La Caisse de dépôt et placement du Québec (CDPQ), as minority interest holder.
About AES
The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy. Together with our many stakeholders, we're improving lives by delivering the greener, smarter energy solutions the world needs. Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today.
Investor Contact: Susan Harcourt 703-682-1204, [email protected]
Media Contact: Amy Ackerman 703-682-6399, [email protected]
, /PRNewswire/ -- DPL LLC (f/k/a DPL Inc.) ("DPL") today announced the termination of its previously announced solicitation of consents (the "Expired Solicitation") from registered holders (the "Holders") of its 4.35% Senior Notes due 2029 (the "Notes") to certain proposed amendments to the indenture governing the Notes.
The Expired Solicitation expired at 5:00 p.m., New York City time, on May 13, 2026. As of such time, DPL had not received the requisite consents from the Holders. Rather than extend the expiration time for the Expired Solicitation, DPL has determined to terminate the Expired Solicitation. No consideration will be paid or become payable to Holders who previously delivered consents pursuant to the Expired Solicitation.
About DPL LLC
DPL LLC is a regional energy provider and an AES company. DPL's primary subsidiaries include The Dayton Power and Light Company and Miami Valley Insurance Company (MVIC). The Dayton Power and Light Company, a regulated electric utility, provides service to more than 541,000 residential, commercial and industrial customers in a 6,000-square-mile service area in West Central Ohio and MVIC, a captive insurance company, provides insurance services to DPL and its subsidiaries.
About AES
The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy. Together with our many stakeholders, we're improving lives by delivering the greener, smarter energy solutions the world needs. Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today.
Investor Contact: Susan Harcourt 703-682-1204, [email protected]
Media Contact: Amy Ackerman 703-682-6399, [email protected]
Rose's Income Garden portfolio targets high-yield, quality dividend stocks across 10 sectors, emphasizing value and credit quality. Current high-yield sector picks include MO, BMY, AES, VZ, GPC, and VICI, each with yields above 4.5% and favorable valuation or growth profiles. RIG's forward yield exceeds 6.09%, with YTD performance at 8.39%, outpacing SPY's 0.99% yield and focusing on undervalued dividend payers.
LOS ANGELES, May 18, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The AES Corporation (“AES” or “the Company”) (NYSE: AES) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335 [email protected]
www.schallfirm.com
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of The AES Corporation (NYSE: AES) to a consortium led by Global Infrastructure Partners and the EQT Infrastructure VI fund. Under the terms of the proposed transaction, shareholders of AES will receive $15.00 in cash for each share of AES that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-aes/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of The AES Corporation (NYSE: AES) to a consortium led by Global Infrastructure Partners and the EQT Infrastructure VI fund. Under the terms of the proposed transaction, shareholders of AES will receive $15.00 in cash for each share of AES that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-aes/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
4th International Forum “Thermal Power Plants Central Asia 2026” to Take Place in Astana, Kazakhstan
New York, May 21, 2025 – PRISM MediaWire (Press Release Service – Press Release Distribution) – The 4th International Forum “Thermal Power Plants Central Asia 2026” will take place on June 24–25, 2026, in Astana, bringing together senior executives, government representatives, investors, and technology providers involved in the development of thermal power generation across Central Asia.
4th International Forum “Thermal Power Plants Central Asia 2026” to Take Place in Astana, Kazakhstan Positioned as a leading industry platform, the forum focuses on investment, modernization, and strategic development of thermal power infrastructure in Kazakhstan, Uzbekistan, Kyrgyzstan, and Tajikistan.
A Market Entering a New Investment Cycle Central Asia is undergoing a significant transformation of its energy sector, driven by aging infrastructure, rising electricity demand, and the need for efficiency and decarbonisation.
The forum will showcase 30+ large-scale investment projects in:
Construction of new thermal power plants Modernisation and expansion of existing facilities Gasification of coal-fired assets Development of combined-cycle power plants (CCGT) Implementation of digital and AI-driven technologies These projects represent substantial opportunities for European technology providers, EPC contractors, and investors seeking entry into high-growth energy markets.
Download the analytical report on the Thermal Power Industry
Key Forum Figures: 200+ participants from 15+ countries 40+ speakers, including industry leaders and policymakers 30+ investment projects presented 2 days of high-level discussions and B2B meetings The forum is designed as a deal-making platform, enabling direct dialogue between project initiators, operators, and solution providers.
Confirmed Participants: Eurasian Resources Group Turkestan CCGT Project Almaty Electric Stations (AES) INTER RAO Export Ust-Kamenogorsk TPP Ekibastuz TPP Kazakhmys Energy Ekibastuz GRES-1 named after Bulat Nurzhanov Distinguished Speakers: Among confirmed speakers and industry experts:
Arman Kashkinbekov, Board Member, Samruk-Energo; ERG Saifulla Shaismatov, CEO, Teploelektroproekt Evgeny Nikitin, Director of Energy Department, Eurasian Resources Group Daniyar Nugumanov, CEO, Ust-Kamenogorsk TPP Nurlan Ramazanov, Director, Sogrinskaya TPP Aibek Kozhabekov, Chief Engineer, KuatZhyluOrtalyk-3 Strategic Agenda Highlights: Plenary session: Thermal Power Industry Outlook to 2035 AI in energy: practical applications in power generation Energy transition in Central Asia: challenges and realistic pathways Financing thermal power projects: engaging banks and investors Asset management strategies: modernisation vs decommissioning Technical roundtable: safety and operational efficiency at TPPs Download the analytical report on the Thermal Power Industry
Forum Partners:
General Sponsor — Gazprombank (Joint Stock Company) Bronze Sponsor — INNIO Jenbacher Logistics Partner — DBF Lojistik A.Ş. About the Forum:
“Thermal Power Plants Central Asia” is an annual international forum organized by Vostock Capital, dedicated to the development of thermal power generation in Central Asia. The platform connects industry leaders, investors, and technology providers to accelerate project implementation and foster international cooperation.
Media Contact:
For media partnerships, accreditation, and additional information:
Catalina Velasco – Marketing Manager
Email: [email protected]
Official Website: https://thermalpowercentralasia.com/
Key Takeaways D signs all-stock merger with NEE: 0.8138 NEE shares per D share, 25.5% of the combined firm. Combined utility to be over 80% regulated, serve nearly 10M customers, and own 110-GW generation assets. Deal targets over 9% EPS growth to 2032, $2.25B bill credits, and 6% annual dividend growth through 2028. Dominion Energy, Inc. (D - Free Report) announced that it has signed an all-stock merger deal with NextEra Energy (NEE - Free Report) . The company’s shareholders are set to receive 0.8138 shares of NextEra Energy for each Dominion share held, representing 25.5% ownership of the combined company. The deal is expected to close in 12 -18 months, subject to necessary regulatory approvals.
The merged entity will be one of the largest regulated electric utility businesses in North America, with more than 80% regulated structure. The new company will serve nearly 10 million customers and own 110-gigawatt (GW) generation assets. The new company expects more than 130-GW large-load growth opportunities to cater to future projects and customer demand.
Benefits of MergerDominion Energy shareholders are set to benefit from ownership in a larger and more diversified energy infrastructure company with enhanced long-term growth potential. The combined entity is projected to generate annual adjusted earnings-per-share growth of more than 9% through 2032, driven by an expanded regulated utility platform and broader infrastructure investment opportunities.
The combined company is expected to have a rate base of nearly $138 billion, projected to grow at an annual rate of almost 11% through 2032, driven by strategic and efficient investments aimed at benefiting customers.
This merger will offer Dominion Energy customers in Virginia, North Carolina and South Carolina $2.25 billion in bill credits, distributed over a two-year period following the completion of the deal.
The combined company projects an attractive annual dividend growth rate of 6% through 2028, which is expected to bring the dividend payout ratio below 55% by 2030. Dominion Energy shareholders will continue to receive their current quarterly dividend until the transaction closes, along with a one-time cash payment of $360 million.
Role of Consolidation in the Electric Utility SectorThese utility operations are capital-intensive and strong capital investment is required for grid modernization and expanding infrastructure. Consolidation through mergers and acquisitions supports large-scale production to meet the increase in electricity demand, reduce costs through synergies, improve operational efficiency and support long-term financial growth.
Apart from Dominion Energy and NextEra Energy, some other companies are also benefiting through mergers and acquisitions.
The AES Corporation (AES - Free Report) , with its subsidiaries engaged in power generation and power distribution through regulated utilities. The company announced that it has agreed to be acquired by a consortium led by Global Infrastructure Partners and EQT Infrastructure VI fund, along with California Public Employees' Retirement System and Qatar Investment Authority. Under the agreement, AES shareholders will receive $15 per share in cash. The transaction is expected to close in late 2026 or early 2027.
AES has a dividend yield of 4.78%. The Zacks Consensus Estimate for 2026 sales is pinned at $13.79 billion, which implies a year-over-year increase of 12.69%
Constellation Energy (CEG - Free Report) is another player from the same industry engaged in the production and sale of electric power, natural gas and energy management services, serving customers nationwide through its competitive retail platform. CEG has acquired Calpine Corporation, adding dispatchable natural gas assets. It supports the growing need for power to serve data center demand.
CEG's long-term (three to five years) earnings growth rate is 21.62%. The Zacks Consensus Estimate for 2026 earnings is pinned at $11.75 per share, which implies a year-over-year increase of 25.13%
Share Price Movement of DIn the past month, shares have rallied 11.9% against the industry’s 1.3% decline.
Image Source: Zacks Investment Research
D’s Zacks Rank Dominion Energy currently carries a Zacks Rank #3 (Hold).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
AES Corporation is now a low-risk arbitrage play following a $15/share take-private deal led by BlackRock. With AES trading at $14.67, investors can capture a 2.2% spread plus a 4.8% dividend yield until deal closure. The upside is capped at $15; risk remains if shareholder or regulatory approvals fail, exposing downside to pre-deal levels.
A month has gone by since the last earnings report for AES (AES - Free Report) . Shares have added about 2.6% in that time frame, outperforming the S&P 500.
But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is AES due for a pullback? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent drivers for The AES Corporation before we dive into how investors and analysts have reacted as of late.
The AES Corporation’s first-quarter 2026 adjusted earnings of 67 cents per share surpassed the Zacks Consensus Estimate of 50 cents by 34%. The bottom line also improved 148.1% from 27 cents in the year-ago quarter.
AES’ Total RevenuesThe company’s total revenues amounted to $3.18 billion, up 8.7% year over year. The figure also surpassed the Zacks Consensus Estimate of $3.1 billion by 2.6%.
Highlights of AES’ ReleaseThe total cost of sales in the first quarter was $2.54 billion, up 2.2% year over year.
The operating margin totaled $640 million, up 45.1% from $441 million in the year-ago period.
Interest expenses amounted to $353 million, up 3.2% from $342 million in the prior-year quarter.
AES’ Financial ConditionAES had cash and cash equivalents of $1.6 billion as of March 31, 2026, compared with $1.38 billion as of Dec. 31, 2025.
Non-recourse debt totaled $22.55 billion as of the same date, up from $21.68 billion as of Dec. 31, 2025.
The net cash flow from operating activities amounted to $1.2 billion during the first three months of 2026 compared with $0.55 billion in the first three months of 2025.
Total capital expenditure was $1.77 billion during the first three months of 2026, up from $1.25 billion recorded a year ago.
How Have Estimates Been Moving Since Then?Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions.
VGM ScoresCurrently, AES has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a score of A on the value side, putting it in the top quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook AES has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The AES Corporation ("AES" or "the Company") (NYSE: AES) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The AES Corporation ("AES" or "the Company") (NYSE: AES) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com
, /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the pricing of $600 million aggregate principal amount of its 5.200% senior notes due 2029 (the "2029 Notes") and $400 million aggregate principal amount of its 5.750% senior notes due 2033 (the "2033 Notes", together with the 2029 Notes, the "Notes"). The closing of the offering of the Notes is expected to occur, subject to the satisfaction of certain customary closing conditions, on June 16, 2026 (T+3).
AES intends to use the net proceeds from the offering to repay existing indebtedness and for general corporate purposes.
J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and SMBC Nikko Securities America, Inc. are acting as joint book-running managers of the proposed offering.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor does it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. An effective shelf registration statement related to the Notes has previously been filed by AES with the Securities and Exchange Commission (the "SEC"). The offering and sale of the Notes are being made only by means of a prospectus supplement dated June 11, 2026 and an accompanying base prospectus dated March 11, 2025 related to the offering. Before you invest, you should read the prospectus and the preliminary prospectus supplement in that registration statement and other documents AES has filed with the SEC for more complete information about AES and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies of the prospectus supplement and related base prospectus related to this offering may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at (212) 834-4533; from Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000, Minneapolis, MN 55402, Attn: WFS Customer Service, by telephone at (800) 645-3751 or by email at [email protected]; from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at (800) 831-9146; from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, by telephone at (866) 471-2526 or by email at [email protected]; or from SMBC Nikko Securities America, Inc., Attention: Securities Operations, 277 Park Avenue, New York, New York 10172 or by telephone at (888) 868-6856.
About AES
The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy. Together with our many stakeholders, we're improving lives by delivering the greener, smarter energy solutions the world needs. Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today.
Safe Harbor Disclosure
This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AES' current expectations based on reasonable assumptions. Such forward-looking statements include, but are not limited to, our financing plans, including the offering of the Notes and the details thereof, the proposed use of proceeds therefrom, and other expected effects of the offering of the Notes and anticipated use of our shelf registration statement, which are subject to risks and uncertainties, such as our continued eligibility to use the shelf registration statement, general economic conditions and other risks and uncertainties.
Actual results could differ materially from those projected in AES' forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in the prospectus supplement related to the offering and AES' filings with the SEC, including, but not limited to, the risks discussed under Item 1A: "Risk Factors" and Item 7: "Management's Discussion & Analysis" in AES' 2025 Annual Report on Form 10-K, in AES' Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 and in any subsequent reports filed with the SEC. Potential investors are encouraged to read AES' filings to learn more about the risk factors associated with AES' business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except where required by law.
Investor Contact: Max Trask 571-217-3249, [email protected]
Media Contact: Amy Ackerman 703-682-6399, [email protected]
, /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced today the pricing of $600 million aggregate principal amount of its 5.200% senior notes due 2029 (the "2029 Notes") and $400 million aggregate principal amount of its 5.750% senior notes due 2033 (the "2033 Notes", together with the 2029 Notes, the "Notes"). The closing of the offering of the Notes is expected to occur, subject to the satisfaction of certain customary closing conditions, on June 16, 2026 (T+3).
AES intends to use the net proceeds from the offering to repay existing indebtedness and for general corporate purposes.
J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and SMBC Nikko Securities America, Inc. are acting as joint book-running managers of the proposed offering.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor does it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. An effective shelf registration statement related to the Notes has previously been filed by AES with the Securities and Exchange Commission (the "SEC"). The offering and sale of the Notes are being made only by means of a prospectus supplement dated June 11, 2026 and an accompanying base prospectus dated March 11, 2025 related to the offering. Before you invest, you should read the prospectus and the preliminary prospectus supplement in that registration statement and other documents AES has filed with the SEC for more complete information about AES and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies of the prospectus supplement and related base prospectus related to this offering may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at (212) 834-4533; from Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000, Minneapolis, MN 55402, Attn: WFS Customer Service, by telephone at (800) 645-3751 or by email at [email protected]; from Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by telephone at (800) 831-9146; from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, by telephone at (866) 471-2526 or by email at [email protected]; or from SMBC Nikko Securities America, Inc., Attention: Securities Operations, 277 Park Avenue, New York, New York 10172 or by telephone at (888) 868-6856.
About AES
The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy. Together with our many stakeholders, we're improving lives by delivering the greener, smarter energy solutions the world needs. Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today.
Safe Harbor Disclosure
This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AES' current expectations based on reasonable assumptions. Such forward-looking statements include, but are not limited to, our financing plans, including the offering of the Notes and the details thereof, the proposed use of proceeds therefrom, and other expected effects of the offering of the Notes and anticipated use of our shelf registration statement, which are subject to risks and uncertainties, such as our continued eligibility to use the shelf registration statement, general economic conditions and other risks and uncertainties.
Actual results could differ materially from those projected in AES' forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in the prospectus supplement related to the offering and AES' filings with the SEC, including, but not limited to, the risks discussed under Item 1A: "Risk Factors" and Item 7: "Management's Discussion & Analysis" in AES' 2025 Annual Report on Form 10-K, in AES' Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 and in any subsequent reports filed with the SEC. Potential investors are encouraged to read AES' filings to learn more about the risk factors associated with AES' business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except where required by law.
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