Aes reports strong execution on strategic priorities

Reaffirms 2023 guidance and annualized growth rate targets for all metrics strategic accomplishments signed new long-term contracts for 2.2 gw of renewables in year-to-date 2023 on track to complete construction of 3.4 gw of renewables in 2023, with 786 mw completed in year-to-date 2023 filed a new rate case and for regulatory approval to build the largest energy storage facility in the state at aes indiana continued progress toward exiting coal by year-end 20251 with the retirement of 415 mw at petersburg unit 2 in indiana, announcement of the expected retirement of the 276 mw norgener plant in chile in 2025, and termination of the ppa for the 205 mw warrior run plant in maryland q2 2023 financial highlights q2 2023 diluted eps of ($0.06), compared to ($0.27) in q2 2022 q2 2023 adjusted eps2 of $0.21, compared to $0.34 in q2 2022 q2 2023 net income of ($19) million, compared to ($136) million in q2 2022 q2 2023 adjusted ebitda with tax attributes3,4 of $607 million, compared to $722 million in q2 2022 q2 2023 adjusted ebitda3 of $569 million, compared to $686 million in q2 2022 financial position and outlook reaffirming 2023 guidance for adjusted eps2 of $1.65 to $1.75 and annualized growth target2 of 7% to 9% through 2025, off a base year of 2020 reaffirming 2023 guidance for adjusted ebitda3 of $2,600 to $2,900 million and annualized growth target3 of 17% to 20% excluding the energy infrastructure sbu through 2027, off a base of 2023 guidance arlington, va. , aug. 3, 2023 /prnewswire/ -- the aes corporation (nyse: aes) today reported financial results for the quarter ended june 30, 2023.
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