AES Q1 2022 Earnings Report
Key Takeaways
AES reported Diluted EPS of $0.16 and Adjusted EPS of $0.21 for Q1 2022. The company signed or was awarded 1,087 MW of renewables and energy storage under long-term Power Purchase Agreements and reaffirmed its 2022 Adjusted EPS guidance range of $1.55 to $1.65.
Attained investment grade ratings from all three major ratings agencies.
Signed or awarded 1.1 GW of PPAs for new renewable energy projects in Q1 2022, increasing the backlog to 10.3 GW.
Construction on schedule for more than 2 GW of renewable energy projects expected to come online in 2022, with solar panels secured for all projects in the US.
Reaffirming 2022 Adjusted EPS guidance range of $1.55 to $1.65 and reaffirming 7% to 9% annualized growth target through 2025.
AES
AES
AES Revenue by Segment
AES Revenue by Geographic Location
Forward Guidance
The Company is reaffirming its 2022 Adjusted EPS guidance of $1.55 to $1.65 and its 7% to 9% annualized growth rate target through 2025, from a base year of 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income