AES at COP28: Driving world-leading climate solutions

 

Connect with us at COP28 to meet your decarbonization and renewable energy goals.

Renewables leadership

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AES' current expectations based on reasonable assumptions. Such forward-looking statements include, but are not limited to, our financing plans, including the offering of the Notes and the details thereof, the proposed use of proceeds therefrom, the ultimate allocation of amounts relating to the offering of the Notes to eligible green projects and other expected effects of the offering of the Notes and anticipated use of our shelf registration statement, which are subject to risks and uncertainties, such as our continued eligibility to use the shelf registration statement, general economic conditions and other risks and uncertainties.

Actual results could differ materially from those projected in AES' forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in the prospectus supplement related to the offering and AES' filings with the SEC, including, but not limited to, the risks discussed under Item 1A: "Risk Factors" and Item 7: "Management's Discussion & Analysis" in AES' 2023 Annual Report on Form 10-K and in subsequent reports filed with the SEC. Potential investors are encouraged to read AES' filings to learn more about the risk factors associated with AES' business. AES undertakes no obligation to update or revise any forward-looking

AES is leading the global energy transition, partnering with customers to help achieve ambitious sustainability goals and developing the renewable energy solutions the worlds needs to decarbonize CDN Test.

Smart grid

Our resilient smart grid infrastructure and digital solutions are key catalysts for the 21st century power grid

Responsible and Just Transition for Climate Change

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AES' current expectations based on reasonable assumptions. Such forward-looking statements include, but are not limited to, our financing plans, including the offering of the Notes and the details thereof, the proposed use of proceeds therefrom, the ultimate allocation of amounts relating to the offering of the Notes to eligible green projects and other expected effects of the offering of the Notes and anticipated use of our shelf registration statement, which are subject to risks and uncertainties, such as our continued eligibility to use the shelf registration statement, general economic conditions and other risks and uncertainties.

Actual results could differ materially from those projected in AES' forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in the prospectus supplement related to the offering and AES' filings with the SEC, including, but not limited to, the risks discussed under Item 1A: "Risk Factors" and Item 7: "Management's Discussion & Analysis" in AES' 2023 Annual Report on Form 10-K and in subsequent reports filed with the SEC. Potential investors are encouraged to read AES' filings to learn more about the risk factors associated with AES' business. AES undertakes no obligation to update or revise any forward-looking

Together with communities toward a responsible, inclusive and just transition

We are improving lives and empowering communities to advance to a low carbon future.

Chile

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AES' current expectations based on reasonable assumptions. Such forward-looking statements include, but are not limited to, our financing plans, including the offering of the Notes and the details thereof, the proposed use of proceeds therefrom, the ultimate allocation of amounts relating to the offering of the Notes to eligible green projects and other expected effects of the offering of the Notes and anticipated use of our shelf registration statement, which are subject to risks and uncertainties, such as our continued eligibility to use the shelf registration statement, general economic conditions and other risks and uncertainties.

Actual results could differ materially from those projected in AES' forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in the prospectus supplement related to the offering and AES' filings with the SEC, including, but not limited to, the risks discussed under Item 1A: "Risk Factors" and Item 7: "Management's Discussion & Analysis" in AES' 2023 Annual Report on Form 10-K and in subsequent reports filed with the SEC. Potential investors are encouraged to read AES' filings to learn more about the risk factors associated with AES' business. AES undertakes no obligation to update or revise any forward-looking

United States

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AES' current expectations based on reasonable assumptions. Such forward-looking statements include, but are not limited to, our financing plans, including the offering of the Notes and the details thereof, the proposed use of proceeds therefrom, the ultimate allocation of amounts relating to the offering of the Notes to eligible green projects and other expected effects of the offering of the Notes and anticipated use of our shelf registration statement, which are subject to risks and uncertainties, such as our continued eligibility to use the shelf registration statement, general economic conditions and other risks and uncertainties.

Actual results could differ materially from those projected in AES' forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in the prospectus supplement related to the offering and AES' filings with the SEC, including, but not limited to, the risks discussed under Item 1A: "Risk Factors" and Item 7: "Management's Discussion & Analysis" in AES' 2023 Annual Report on Form 10-K and in subsequent reports filed with the SEC. Potential investors are encouraged to read AES' filings to learn more about the risk factors associated with AES' business. AES undertakes no obligation to update or revise any forward-looking

Brazil

This fantastic accomplishment marks yet another milestone in our journey to promote gender equity in the renewable energy sector! In February of this year,

AES Brasil together with SENAI RN graduated 73 talented women from the Technical Specialization course in Maintenance and Operation of Wind Farms and announced that the Cajuína Wind Complex will become the second wind project to be operated entirely by women. This follows AES Brasil’s Tucano Wind Complex in Bahia, where they worked with SENAI to host a training course similar to the first. These wind farms are now the first in the country to have exclusively female teams overseeing local operation and maintenance.

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Why nations and organizations of every kind turn to AES to meet their decarbonization targets.

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AES named #1 in clean energy globally for corporations

AES claimed the top spot as the #1 global clean energy developer for corporations in 2021 and 2022 according to BloombergNEF (BNEF).

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Accelerating progress toward our own ambitious climate targets

We’re on track to eliminate the majority of our remaining coal generation by 2025, increase renewables by 3-4 GW annually and reach net-zero by 2040.

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AES is one of only 14 energy companies on track to actually combat climate change

Out of 140 major energy company transition plans to be released since COP26, only 14 are ambitious enough to keep global warming to 1.5°C.

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Enabling the energy industry to rapidly decarbonize through our innovative businesses

Our scalable businesses in energy storage, digital energy efficiency, innovative solar solutions and electric vehicles are growing rapidly to help other organizations meet their sustainability goals.

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Driving clean energy policy

We work with industry peers and governments to drive reliability, affordability and clean energy adoption.

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Empowering individuals to easily reduce their carbon footprint

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Global scale, local impact

We’re accelerating the future of energy in 14 countries through our four strategic business units.

Renewables

Utilities

Energy infrastructure

New energy technologies

FAQs

COP28 is the annual United Nations Climate Change Conference that brings together governments and other diverse stakeholder groups to discuss policies and solutions to limit global warming to 1.5 degrees and mitigate the most harmful effects of climate change. The conference serves to mobilize collective action to work toward meeting climate goals goals already in place and agree on ambitious new measures to accelerate decarbonization efforts.

COP28 2023 will be held in Dubai, United Arab Emirates (UAE). Visit the host country website here.

The COP28 conference will be held Thursday, November 30 – Tuesday, December 12.

The cross-cutting themes of the COP28 program are: Technology and Innovation, Finance, Frontline Communities, and Inclusion. These themes represent critical areas where mobilization needs to occur and solutions need to be developed and scaled to reach our global shared goal of limiting global warming to 1.5 degrees. The COP28 agenda will explicitly include these themes through both content and speakers.

Learn more: https://www.cop28.com/en/thematic-program