Lodi Valley News.com

Complete News World

AES Brasil (AESB3) reported net income of R$60.4 million in the first quarter of 2020.

Posted at 6:41 pm

AES Brasil (AESB3) released its results for the first quarter of 2023 (1Q23) on Thursday night, the fourth .1Q22.

In adjusted terms, the profit was R$67.7 million, down 14.7% on a year-over-year basis.

Adjusted Ebitda was R$409.3 million, up 30.6% compared to Q1 2022.

AES Brasil signs an agreement

AES Brasil announced on Thursday, the 4th, that it has signed an Energy Purchase and Sale Agreement with a counterparty with an excellent credit profile, for the supply of renewable energy for a period of 15 years, and delivery from July 2024. The wind farm is under development at the CajuĂ­na Wind Complex, in the Rio Grande do Norte, the area where the AES Brasil group is currently under construction.

The project, which has a wind generating capacity of 153.9 megawatts, has been fully contracted on investment and financing.

As a result of this agreement, AES Brasil has announced an expected investment of R$3.35 billion by 2027.

See more details about your 1Q23 score in the table below:

On WhatsApp:

To receive general news from companies in Brazil (earnings, relevant facts) enter through the link: https://chat.whatsapp.com/Cyj6BbtvZsgKlbA5LFd538

To receive only BDR earnings news, access the link:


on Telegram

For company news join this group:https://t.me/joinchat/AAAAAFdKtmVSmTmfF68jIA

For graphical analysis enter this group: https://t.me/joinchat/AAAAAFk1BILf5KNH9DlQ3A

For BDR earnings news join this group: https://t.me/+IIIPpM3eY5g2NTgx

See also  iFood releases retrospectively; Know how to use it