The AES Corp
AES: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| YZc | LOCK|x?@ | LOCK|&GMNk?& |
AES: Sale of Ohio Minority Interest Part of Broader Asset Recycling Plan
We are reaffirming our $18 fair value estimate and no-moat rating for AES after the company announced it has reached an agreement with global investment group CDPQ to sell a 30% indirect equity interest in AES Ohio for $546 million.
