The AES Corporation delivered a solid Q3 2025, reaffirming full-year guidance with strong growth in renewables and a robust construction pipeline, positioning the company for a competitive edge in the energy market.

• Adjusted EBITDA and EPS growth trajectory remains intact with a stable credit rating outlook from major agencies.
• Signed 2.2 gigawatts of new Power Purchase Agreements (PPAs) year-to-date, with an expectation to complete an additional 1.8 gigawatts before year-end.
• Renewables EBITDA surged 46% year-to-date, fueled by organic project growth and operational efficiencies, with installed capacity in the U.S. projected to be 60% larger than two years ago.
• Active rate cases in Indiana and Ohio are expected to maintain low-cost structures while enhancing system reliability through ongoing infrastructure investments.
• A strategic development transfer agreement for data centers signifies growing diversification in revenue streams and client engagement, with potential for future announcements.