The AES Corp

AES: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$34.00	Bpht	Lcdmnzfvy

AES: Sale of Ohio Minority Interest Part of Broader Asset Recycling Plan

Andrew Bischof

Sep 17, 2024

We are reaffirming our $18 fair value estimate and no-moat rating for AES after the company announced it has reached an agreement with global investment group CDPQ to sell a 30% indirect equity interest in AES Ohio for $546 million.

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