AES Reports First Quarter 2016 Proportional Free Cash Flow of $253 Million and Adjusted Earnings Per Share of $0.13
Highlights
- Reaffirming 2016 guidance and 2017-2018 expectations
- Prepaid $125 million in Parent debt
- Broke ground on the 335 MW Masinloc 2 expansion project in the Philippines
- Total of 5,945 MW under construction, the majority of which is expected to come on-line through 2018
- In April, received payment of €309 million ($350 million) in outstanding receivables at Maritza in Bulgaria ….
