SMAWF - AES Corporation Is Pushing The Boundaries Of The Energy Industry
AES Corporation (AES) continues to carve its own path in the power industry. AES is proving to be incredibly forward-looking compared to other power companies and utilities. The company is taking full advantage of emerging energy technologies like solar and storage. While such a forward-looking strategy also comes with many risks, the company is clearly differentiating itself in a relatively stagnant industry.
AES reported somewhat disappointing Q1 results. Revenue of $2.34 billion missed expectations by $390 million and declined 11.7% year-over-year. Despite the underwhelming quarter, AES has much to look forward to in