AES Corp.

NYSE:AES   9:35:27 AM EDT
23.97
+0.21 (+0.88%)
Debt Financing / Related, Restructuring / Reorganization, Earnings Announcements

Aes Corp - Alto Maipo SpA Commenced A Reorganization Proceeding In Accordance Chapter 11 Of U.S. Bankruptcy Code

Published: 11/17/2021 12:30 GMT
AES Corp. (AES) - Aes Corp - Alto Maipo Spa Commenced a Reorganization Proceeding in Accordance Chapter 11 of U.S. Bankruptcy Code.
Aes Corp - Co No Longer Considered to Have Control Over Alto Maipo.
Aes Corp - to Recognize an After-tax Loss of About $800 Million - $1 Billion, Net of Non-controlling Interests, in Q4 of 2021.
Aes Corp - There is No Impact on Company's Liquidity Needs As No Dividends Have Been Received Or Were Anticipated to Be Received From Alto Maipo.
Revenue is expected to be $2.67 Billion
Adjusted EPS is expected to be $0.47

Next Quarter Revenue Guidance is expected to be $2.51 Billion
Next Quarter EPS Guidance is expected to be $0.32

More details on our Analysts Page.