The AES Corporation has announced significant business updates in its latest MD&A report. The company has completed the sale of a minority interest in its captive insurance company and finalized the sell-down of AES Ohio. With a focus on growth, AES is executing the largest investment program in the history of AES Indiana and AES Ohio, committing approximately $1.4 billion to enhance customer reliability and support economic development. This includes efforts in hardening the distribution network, smart grid enhancement, new generation, and transmission build-out for data centers. AES has also signed agreements for 2.1 GW of new data centers in AES Ohio's service territory, with construction on new transmission underway. Additionally, AES is on track to bring approximately 3 GW of new renewable projects online this year, with over 600 MW already completed, including the 250 MW Morris solar project in Missouri. The company reports approximately 80% completion of remaining projects under construction.
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