Aes reports positive momentum in first quarter; reaffirms 2023 guidance; introduces new strategic business units

Detailed business review and long-term outlook to be presented at investor day on monday, may 8, 2023 strategic accomplishments on track to complete 2023 construction projects of more than 3 gw of renewables aes ohio signed a comprehensive settlement for its electric security plan (esp4), providing the regulatory foundation necessary to drive future growth announced next decarbonization milestone with the agreement to terminate the ppa for the 205 mw warrior run coal plant in maryland, for a total payments of $357 million signed agreements to extend the operation of 1.4 gw of gas generation at the southland legacy units in southern california for three more years q1 2023 financial highlights diluted eps of $0.21, compared to $0.16 in q1 2022 adjusted eps1 of $0.22, compared to $0.21 in q1 2022 net income of $189 million, compared to $171 million in q1 2022 added adjusted ebitda2 metric to disclosures adjusted ebitda2 of $628 million, compared to $621 million in q1 2022 financial position and outlook reaffirming 2023 guidance for adjusted eps1 of $1.65 to $1.75 and 7% to 9% annualized growth target1 through 2025, off a base year of 2020 arlington, va. , may 4, 2023 /prnewswire/ -- the aes corporation (nyse: aes) today reported financial results for the quarter ended march 31, 2023.
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