The AES Corporation files SEC reports that document a NYSE-listed global power company with common stock registered under the symbol AES. Its filings cover operating and financial results, material-event updates, annual meeting voting results, proxy governance, and capital-structure disclosures tied to senior notes, credit agreements, and letter-of-credit arrangements.
Filings also record material agreements, change-of-control provisions in financing documents, impairment disclosures for power-generation assets, and contract matters related to power purchase agreements. Proxy and Form 8-K records provide formal disclosure on board elections, shareholder voting matters, and other governance actions.
AES CORP filed an initial ownership report for Vice President and Controller Jarred Aubrey Nicole. The filing shows beneficial ownership of 10,907 shares of common stock held directly. These holdings include Restricted Stock Unit Awards granted under The AES Corporation 2003 Long Term Compensation Plan and The AES Corporation 2025 Equity and Incentive Compensation Plan.
The AES Corporation reported sharply improved quarterly results and agreed to be acquired in an all-cash merger. For the three months ended March 31, 2026, total revenue rose to $3.18 billion from $2.93 billion, driven by both non-regulated and regulated operations, while operating margin increased to $640 million from $441 million.
Net income attributable to AES jumped to $487 million from $46 million, with diluted EPS rising to $0.68 from $0.07. Operating cash flow grew to $1.20 billion versus $545 million, though capital expenditures of $1.77 billion led to negative free cash flow. Recourse debt totaled $6.17 billion and non‑recourse debt $24.08 billion, supporting a large renewables and utility portfolio.
On March 1, 2026, AES entered a Merger Agreement under which Horizon Merger Sub, backed by Global Infrastructure Management and the EQT Infrastructure VI fund, will merge with AES. Each AES share will be converted into the right to receive $15.00 in cash, subject to stockholder approval and multiple regulatory and closing conditions.
The AES Corporation entered into an Agreement and Plan of Merger dated March 1, 2026 under which Horizon Parent, L.P., controlled by affiliates of GIP and EQT (with other Sponsors), will acquire AES in a cash transaction. At the Effective Time, each share of AES common stock will be converted into the right to receive $15.00 per share in cash. The proxy solicits stockholder approval at a virtual Special Meeting and explains that the Merger Consideration represents a premium of approximately 35.5% to the July 8, 2025 unaffected closing price and 40.3% to the 30-day VWAP before that date. Completion is subject to customary closing conditions, regulatory approvals, and satisfaction or waiver of conditions in the Merger Agreement. The Board unanimously recommends a vote FOR the proposals.
AES CORP director Sebastian Teresa Mosley received a new equity grant. On this Form 4, Mosley was awarded 12,111 stock units, each economically equivalent to one share of AES common stock. Following the award, Mosley holds 64,612 stock units in total.
The stock units will be settled in AES common shares only after Mosley terminates service on the Board, in line with the Director's election form under The AES Corporation 2025 Equity and Incentive Compensation Plan. This is a non-cash, compensation-related acquisition rather than an open-market purchase.
AES CORP director Moises Naim received stock-based compensation awards in the form of stock units. On April 29, 2026, he acquired 12,111 stock units, each economically equivalent to one share of AES common stock, under The AES Corporation 2025 Equity and Incentive Compensation Plan.
He also acquired 6,920 additional stock units corresponding to cash fees he elected to defer, at a reference value of $14.45 per unit. These stock units will be settled in AES common shares after he terminates service on the Board, according to his election form.
MONIE ALAIN reported acquisition or exercise transactions in this Form 4 filing.
AES CORP director Alain Monie received an equity award in the form of stock units. On this Form 4, Monie was granted 12,111 units at a stated price of $0.00 per unit. Each unit is the economic equivalent of one share of AES Common Stock.
Following this grant, Monie directly holds 131,814 units in total. According to the footnote, these units will be settled in shares of AES Common Stock after he terminates service on the Board, consistent with his election under The AES Corporation 2025 Equity and Incentive Compensation Plan.
Laulis Julia M. reported acquisition or exercise transactions in this Form 4 filing.
AES CORP director Julia M. Laulis received a grant of 12,111 stock units tied to AES common stock. Each unit is economically equivalent to one AES share and will be settled in common stock after she leaves the Board, under The AES Corporation 2025 Equity and Incentive Compensation Plan.
Following this award, she holds 109,189 units in total, reflecting routine equity-based director compensation rather than an open-market purchase or sale.
KOEPPEL HOLLY K reported acquisition or exercise transactions in this Form 4 filing.
AES CORP director Holly K. Koeppel received a grant of 12,111 stock units that are economically equivalent to 12,111 shares of AES common stock. These units were awarded as compensation and increase her direct holdings in these derivative units to 195,412 following the grant.
The units will be settled in shares of AES common stock after she terminates service on the Board, in line with her election under The AES Corporation 2025 Equity and Incentive Compensation Plan. This filing reflects a compensation-related equity award rather than an open-market purchase or sale.
AES CORP director Janet Davidson reported acquiring stock-based awards linked to AES common stock. On April 29, 2026, she received 12,111 stock units as a grant with no cash price and an additional 2,076 stock units from cash fees she elected to defer at a reference price of $14.45 per unit.
Each stock unit is economically equivalent to one share of AES common stock and will be settled in shares after she leaves the Board, in line with her elections under The AES Corporation 2025 Equity and Incentive Compensation Plan. Following these awards, her reported direct holdings in these units exceed 90,000 units, reflecting routine director compensation and fee deferrals rather than open-market trading.
Bhandari Inderpal S reported acquisition or exercise transactions in this Form 4 filing.
AES CORP director Inderpal S. Bhandari received an equity award in the form of stock units. On April 29, 2026, he was granted 12,111 units, each economically equivalent to one share of AES common stock and issued at a price of $0.00 as compensation.
Following this grant, Bhandari holds 59,433 units directly. According to the company’s 2025 Equity and Incentive Compensation Plan, these units will be settled in shares of AES common stock after he terminates service on the Board, consistent with his election form.