Manchin Opposing Energy Payments Seen Blunting Value of Credits [Business News Network (BNN) (Canada)]
The AES Corporation (AES)
Last the aes corporation earnings: 2/28 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
aes.com/investors/investors-overview/default.aspx
Company Research
Source: Business News Network
The West Virginia Democrat is opposed to making the credits refundable, the so-called direct-pay option that would let developers avoid pursuing complicated tax-equity financing, according to two people familiar with his views. If direct pay isn't available, tax-equity deals may net developers 20% to 50% less in some cases, according to Sasha Mackler, executive director of the Bipartisan Policy Center's energy program. That could hinder deployment of some clean-energy projects. “The new technologies that are more complicated and harder to develop are going to have a harder time getting access to tax equity financing,” Mackler said in an interview. “Ironically, the technologies that Senator Manchin and others are most supportive of would be the most hurt if direct pay were taken off the table.” The reconciliation package that passed the House in November would let developers use direct pay to claim hundreds of billions of dollars of tax credits for technologies ranging from wind
Show less
Read more
Impact Snapshot
Event Time:
AES
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AES alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AES alerts
High impacting The AES Corporation news events
Weekly update
A roundup of the hottest topics
AES
News
- The AES Co. (NYSE: AES) is now covered by analysts at Mizuho. They set a "buy" rating and a $21.00 price target on the stock.MarketBeat
- United States Power Ancillary Service Markets, 2018-2023 and 2024-2028: Increasing Role of AI and Advanced Analytics, Decentralization and Distributed Energy Resources Integration [Yahoo! Finance]Yahoo! Finance
- AES: A Value Play With An Upside [Seeking Alpha]Seeking Alpha
- The AES Co. (NYSE: AES) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $22.00 price target on the stock.MarketBeat
- Buy-rated and sell-rated stocks within the Utilities sector - Citi [Seeking Alpha]Seeking Alpha
AES
Earnings
- 2/26/24 - Beat
AES
Sec Filings
- 4/15/24 - Form 4
- 4/10/24 - Form SC
- 3/14/24 - Form ARS
- AES's page on the SEC website