The AES Corp
AES: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$55.00 | Nzqr | Wnypjyld |
AES Well-Positioned for Worldwide Renewable Energy Growth
Business Strategy and Outlook
After taking over as AES' CEO, Andres Gluski has narrowed AES’ geographic and business focus by selling businesses in markets where the company did not have a strong platform or competitive advantage. We think his strategy has been in the best interest of shareholders. The company now has operations in fewer countries, a stronger balance sheet, and a rapidly growing renewable energy business.