AES CEO declines to comment on M&A reports

Friday, Aug 1, 2025 10:45 am ET1min read

AES CEO declines to comment on M&A reports

July 2, 2025 — In a recent earnings call, the AES Corporation (NYSE:AES) reported its second-quarter 2025 financial results, with the CEO, Andres Ricardo Gluski Weilert, providing insights into the company's strategy and performance. When asked about recent reports suggesting potential mergers and acquisitions (M&A) activity, Gluski declined to comment, stating that the company remains focused on executing its long-term growth strategy.

During the call, Gluski highlighted AES's strong performance in the renewables sector, with a 56% growth in adjusted EBITDA for the second quarter, driven by the addition of 3.2 gigawatts of new projects over the past four quarters. He also emphasized the company's resilience to policy changes and its robust pipeline of renewable energy projects, totaling 12 gigawatts of signed contracts.

When questioned about the potential impact of M&A activity, Gluski responded, "We are currently focused on executing our growth strategy, which involves adding new projects and expanding our existing portfolio. We are not commenting on any potential M&A activity at this time. Our strategy is centered on meeting our customers' needs and delivering reliable, cost-effective energy solutions."

The earnings call also touched on AES's supply chain strategy, with Gluski noting that the company has taken steps to protect its operations from changes in U.S. policy and potential tariffs. Additionally, he mentioned the company's strong position in the data center market, with over 11 gigawatts of agreements signed to date.

In summary, the AES Corporation CEO declined to comment on M&A reports, emphasizing the company's focus on executing its growth strategy and delivering on its financial objectives. The company's strong performance in the renewables sector and its robust pipeline of projects position AES well for future growth.

References:
[1] https://seekingalpha.com/article/4807880-the-aes-corporation-aes-q2-2025-earnings-call-transcript

AES CEO declines to comment on M&A reports

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