Full-Time
Posted on 10/30/2025
Global electricity generation, distribution, and storage.
No salary listed
Company Does Not Provide H1B Sponsorship
Dayton, OH, USA
In Person
AES is a global power company generating and distributing electricity through four SBUs: US and Utilities, South America, MCAC, and Eurasia. It runs a diverse portfolio of generation assets including thermal, renewable, and energy storage, serving residential, commercial, and industrial customers through long-term power purchase agreements and competitive markets. Its business model provides steady revenue from contracts while also selling electricity in market-based transactions, leveraging a broad geographic footprint and a mix of asset types. The company's goal is to reach net-zero carbon emissions from its electricity generation by 2040, supported by investments in renewables, storage technology, and efficiency improvements.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Arlington, Virginia
Founded
1981
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Sick Leave
Parental Leave
Professional Development Budget
Wellness Program
AES Corporation reported fourth-quarter 2025 adjusted earnings of 81 cents per share, surpassing the Zacks Consensus Estimate of 62 cents by 30.6% and improving 50% year-over-year. However, quarterly revenues of $3.1 billion missed estimates by 10.1%, despite rising 4.7% from the prior year. Full-year 2025 adjusted earnings reached $2.34 per share, up from $2.14 in 2024, whilst revenues declined slightly to $12.23 billion from $12.28 billion. On 2 March 2026, AES announced a definitive agreement to be acquired by a consortium including BlackRock's Global Infrastructure Partners and EQT Infrastructure VI fund for $15.00 per share in cash, valuing the company at $10.7 billion in equity. The deal is expected to close in late 2026 or early 2027.
AES subsidiary Maximo has installed 100 megawatts of utility-scale solar capacity at the Bellefield complex using robotics, marking a shift from pilot deployment to commercial production. The milestone addresses labour constraints, safety, cost and timeline challenges in large-scale solar construction. AES shares recently traded at $14.06 with a one-year return of 19%, though three-year and five-year returns show declines of 31.2% and 36.6% respectively. Maximo combines robotics with AI-driven simulation from NVIDIA and AWS-powered data capture, creating a software-rich system that can be refined across future projects. The technology gives AES a potential differentiator in utility-scale renewables as the US targets large solar capacity additions. The key question for investors is how widely AES can deploy this system across its pipeline and to third-party partners.
AES (NYSE: AES) revises key credit agreements for Horizon Parent merger. Filing Impact Filing Sentiment Rhea-AI Filing summary. The AES Corporation filed an 8-K describing amendments to several financing agreements tied to its previously announced merger with Horizon Parent, L.P. AES entered Amendment No. 2 to its Eighth Amended and Restated Credit Agreement with Citibank on March 13, 2026, and a first amendment to a separate credit agreement with Sumitomo Mitsui Banking Corporation and a first amendment to a letter of credit agreement with Barclays Bank PLC on March 16, 2026. These changes adjust change of control provisions so AES can be directly or indirectly owned by Global Infrastructure Management, LLC, EQT Fund Management S.à r.l., Qatar Investment Authority and related investment vehicles, aligning its lending arrangements with the planned ownership structure. Insights. AES aligns key credit and letter of credit terms with its planned merger-related ownership structure. AES is updating multiple financing documents to stay compliant under a new ownership structure following its merger agreement with Horizon Parent, L.P. The amendments cover a syndicated credit facility led by Citibank, another credit agreement with Sumitomo Mitsui Banking Corporation, and a letter of credit agreement with Barclays Bank PLC. The central change is to modify change of control provisions so that future direct or indirect ownership by Global Infrastructure Management, LLC, EQT Fund Management S.à r.l., Qatar Investment Authority and affiliated investment vehicles is permitted. Without such changes, a change of control could have triggered defaults or mandatory repayments. Because these amendments are tied to an already announced merger agreement, they look like preparatory, administrative steps rather than new strategic moves. Subsequent company filings may provide more detail on how these financing arrangements operate once the merger structure is implemented. 03/19/2026 - 04:44 PM Faq. What did AES (AES) disclose in this 8-K filing? AES disclosed it entered amendments to two credit agreements and one letter of credit agreement. These amendments update change of control provisions so its facilities remain in place under the ownership structure contemplated by its previously announced merger with Horizon Parent, L.P. Which financing agreements did AES (AES) amend on March 13 and 16, 2026? AES amended its Eighth Amended and Restated Credit Agreement with Citibank, a separate credit agreement with Sumitomo Mitsui Banking Corporation, and a letter of credit agreement with Barclays Bank PLC. Each amendment adjusts terms while keeping AES as borrower or account party under the existing structures. How are AES's credit amendments related to its merger with Horizon Parent, L.P.? The amendments follow AES's announcement that it entered a merger agreement with Horizon Parent, L.P. They modify change of control provisions so the company can be directly or indirectly owned by specified investment entities without breaching those financing arrangements once the merger structure is implemented. Which potential owners are permitted under AES's revised change of control provisions? The revised provisions permit direct or indirect ownership of AES by Global Infrastructure Management, LLC, EQT Fund Management S.à r.l., Qatar Investment Authority and certain affiliated investment vehicles. This ensures the defined sponsors and their managed funds can hold AES without triggering adverse credit consequences. Do the AES credit and letter of credit amendments change the counterparties involved? The amendments do not change the named counterparties. Citibank, Sumitomo Mitsui Banking Corporation and Barclays Bank PLC remain administrative agent or bank under their respective agreements. The changes focus on contractual terms, particularly change of control provisions linked to the planned ownership structure. Where can investors find the full text of AES's new credit amendments? The complete documents are filed as Exhibits 10.1, 10.2 and 10.3 to the 8-K. These exhibits contain the detailed language for the Citibank credit amendment, the Sumitomo Mitsui Banking Corporation credit amendment, and the Barclays Bank PLC letter of credit amendment, respectively. Filing exhibits & attachments. 6 documents Agreements & contracts.
AES Corporation reported fourth-quarter fiscal 2025 results on 6 March, beating market expectations with non-GAAP earnings per share of $0.81, exceeding estimates by $0.20. Revenue reached $3.1 billion, up 4.7% year-over-year and surpassing consensus forecasts by $30 million. On 3 March, Mizuho Securities downgraded AES from Outperform to Neutral with a $15 price target following the company's agreement to be acquired by Global Infrastructure Partners and EQT Infrastructure VI fund. The acquisition values AES at $15 per share in cash, representing approximately $10.7 billion in total equity value. AES operates in energy infrastructure, renewables, new energy technologies and utilities segments, owning power plants and utilities across its portfolio.
The AES Corporation has deployed Haven Safety AI across its US utilities and renewables facilities, marking one of the energy sector's first large-scale AI safety platform implementations. The system has delivered a 50% reduction in safety incident investigation time whilst improving root cause identification and visibility into systemic risks. Haven Safety AI moves beyond traditional manual reporting to a proactive approach that identifies hazards before incidents occur. The platform helps teams capture field insights more efficiently and analyse patterns that previously required weeks of manual work. Developed with backing from AI Fund and AES, Haven moved from concept to commercial deployment in under nine months. The company now serves enterprise customers across energy, construction, manufacturing and logistics sectors, applying AI directly into safety investigation workflows.