The AES Corporation has announced that the proceeds from its recent issuance of $900 million in 5.45% senior notes, due in 2028, have been fully allocated to Eligible Green Projects. In a statement, the company confirmed that these funds were used primarily to refinance existing debt, invest in its Renewables Strategic Business Unit, and support its U.S. utilities businesses. The allocation aligns with the company's commitment to renewable energy, as all projects funded meet the Renewable Energy criteria set forth in the offering's prospectus supplement. The company highlighted its dedication to advancing green initiatives and ensuring that investments contribute to sustainable energy solutions.
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