AES will be the owner/operator of the proposed 200 MW Hemlock Ridge solar facility in Barre and Shelby.

ARLINGTON, Va., March 18, 2025 /PRNewswire/ -- The AES Corporation (NYSE: AES) ("AES" or the "Company") announced the pricing terms of the previously announced tender offer to purchase (the "Tender Offer") for cash, subject to certain terms and conditions, any and all of its outstanding 3.300% Senior Notes due 2025 (the "Securities"). The Tender Offer is being made pursuant to the Company's Offer to Purchase, dated March 12, 2025 (the "Offer to Purchase") and the related notice of guaranteed delivery (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Offer Documents"), which set forth a more detailed description of the terms of the Tender Offer. Holders of the Securities (individually, a "Holder," and collectively, the "Holders") are urged to carefully read the Offer Documents before making any decision with respect to the Tender Offer. The consideration (the "Purchase Price") offered per $1,000 principal amount of Securities validly tendered and accepted for purchase pursuant to the Tender Offer was determined in the manner described in the Offer to Purchase by reference to the fixed spread for the Securities specified below plus the yield based on the bid-side price of the U.S. Treasury Reference Security specified below at 2:00 p.m., New York City time today

Also, during the meeting, AES was named the 2025 Business of the Year.